Steel Imports Up 34.9% Year-To-Date Through September
October 26, 2021Finished Import Market Share YTD at 21%
Washington, D.C. – Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 3,237,000 net tons (NT) of steel in September 2021, including 2,469,000 net tons (NT) of finished steel (up 16.7% and 17.1%, respectively, vs. August final data). Through the first nine months of 2021, total and finished steel imports are 23,806,000 and 16,684,000 net tons (NT), both up 34.9%, vs. the same period in 2020. Annualized total and finished steel imports in 2021 would be 31.7 and 22.2 million NT, up 44.2% and 37.8%, respectively, vs. 2020. Finished steel import market share was an estimated 25% in September and is estimated at 21% over the first nine months of 2021.
Key finished steel products with a significant increase in imports in September compared to August are line pipe (up 111%), oil country goods (up 104%), reinforcing bars (up 70%), cut lengths plates (up 44%), wire rods (up 33%), tin plate (up 27%), plates in coils (up 22%), standard pipe (up 18%), cold rolled sheets (up 17%) and hot rolled sheets (up 16%). Products with a significant year-to-date (YTD) increase vs. the same period in 2020 were hot rolled sheets (up 106%), plates in coils (up 81%), wire rods (up 56%), sheets and strip all other metallic coatings (up 53%), cut lengths plates (up 52%), oil country goods (up 37%), heavy structural shapes (up 29%), cold rolled sheets (up 28%), hot rolled bars (up 26%), wire drawn (up 24%), sheets and strip hot dipped galvanized (up 20%), tin plate (up 17%) and reinforcing bars (up 13%).
Click here for the full statistical report.
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Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org
AISI serves as the voice of the American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI’s membership is comprised of integrated and electric arc furnace steelmakers, and associate members who are suppliers to or customers of the steel industry. For more news about steel and its applications, view AISI’s website at www.steel.org. Follow AISI on Facebook, LinkedIn, Twitter (@AISISteel) or Instagram.
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