Steel Imports Up 21 Percent YTD Over Same Period In 2016

September 26, 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 3,349,000 net tons (NT) of steel in August 2017, including 2,422,000 net tons (NT) of finished steel (down 4.8% and 16.8%, respectively, vs. July final data). Year-to-date (YTD) through eight months of 2017, total and finished steel imports are 26,561,000 and 20,401,000 net tons (NT), up 20.6% and 15.5%, respectively, vs. the same period in 2016. Annualized total and finished steel imports in 2017 would be 39.8 and 30.6 million NT, up 20.7% and 16.2%, respectively, vs. 2016. Finished steel import market share was an estimated 26% in August and is estimated at 28% YTD.

Read the full statistical report here.

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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).