Steel Imports Up 39% Year-To-Date Through October

November 24, 2021

Finished 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 2,708,000 net tons (NT) of steel in October 2021, including 2,325,000 net tons (NT) of finished steel (down 16.7% and 6.0%, respectively, vs. September final data). Through the first ten months of 2021, total and finished steel imports are 26,530,000 and 19,012,000 net tons (NT), up 38.5% and 39.6%, respectively, vs. the same period in 2020. Annualized total and finished steel imports in 2021 would be 31.8 and 22.8 million NT, up 44.6% and 41.4%, respectively, vs. 2020. Finished steel import market share was an estimated 24% in October and is estimated at 21% over the first ten months of 2021.

Key finished steel products with a significant increase in imports in October compared to September are hot rolled sheets (up 13%) and sheets and strip hot dipped galvanized (up 12%). Products with a significant year-to-date (YTD) increase vs. the same period in 2020 were hot rolled sheets (up 123%), plates in coils (up 95%), wire rods (up 62%), sheets and strip all other metallic coatings (up 59%), cut lengths plates (up 58%), oil country goods (up 44%), cold rolled sheets (up 32%), hot rolled bars (up 26%), wire drawn (up 23%), sheets and strip hot dipped galvanized (up 22%), reinforcing bars (up 18%), and tin plate (up 17%).

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.