Steel Imports Declined by 26% from August to September

October 24, 2018

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 2,249,000 net tons (NT) of steel in September 2018, including 1,854,000 net tons (NT) of finished steel (down 25.9% and 8.6%, respectively, vs. August final data). Year-to-date (YTD) through nine months of 2018, total and finished steel imports are 26,158,000 and 20,079,000 net tons (NT), down 12.0% and 12.5%, respectively, vs. the same period in 2017. Annualized total and finished steel imports in 2018 would be 34.9 and 26.8 million NT, down 8.5% and 9.4%, respectively, vs. 2017. Finished steel import market share was an estimated 20% in September and is estimated at 24% YTD.

Key finished steel products with a significant import increase in September compared to August were standard pipe (up 26%), hot rolled sheets (up 25%), and sheets and strip all other metallic coatings (up 23%). Major products with significant year-to-date (YTD) increases vs. the same period in 2017 include hot rolled sheets (up 21%) and plates in coils (up 21%).

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 21 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).