Steel Imports Up 20 Percent Year-To-Date

October 25, 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 3,051,000 net tons (NT) of steel in September 2017, including 2,438,000 net tons (NT) of finished steel (down 10.3% and 1.4%, respectively, vs. August final data). Year-to-date (YTD) through nine months of 2017, total and finished steel imports are 29,663,000 and 22,890,000 net tons (NT), up 19.6% and 15.7%, respectively, vs. the same period in 2016. Annualized total and finished steel imports in 2017 would be 39.6 and 30.5 million NT, up 19.8% and 15.9%, respectively, vs. 2016. Finished steel import market share was an estimated 27% in September and is estimated at 28% YTD.

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