Steel Imports Up 22% YTD Over Same Period in 2016; Finished Import Market Share YTD at 28%

August 23, 2017

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 3,472,000 net tons (NT) of steel in July 2017, including 2,868,000 net tons (NT) of finished steel (down 11.5% and 4.0%, respectively, vs. June final data). Year-to-date (YTD) through seven months of 2017, total and finished steel imports are 23,168,000 and 17,938,000 net tons (NT), up 22.1% and 17.3%, respectively, vs. the same period in 2016. Annualized total and finished steel imports in 2017 would be 39.7 and 30.8 million NT, up 20.3% and 16.8%, respectively, vs. 2016. Finished steel import market share was an estimated 29% in July and is estimated at 28% YTD.

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Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org

AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI also plays a lead role in the development and application of new steels and steelmaking technology. AISI is comprised of 19 member companies, including integrated and electric furnace steelmakers, and approximately 120 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 or Twitter (@AISISteel).