Washington, D.C. – Based on final Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,062,000 net tons (NT) of steel in May 2019, including 1,853,000 net tons (NT) of finished steel (down 38.2% and 9.3%, respectively, vs. April final data). Through the first five months of 2019, total and finished steel imports are 13,584,000 and 9,953,000 net tons (NT), down 11.7% and 18.1%, respectively, vs. the same period in 2018. Annualized total and finished steel imports in 2019 would be 32.6 and 23.9 million NT, down 3.3% and 7.0%, respectively, vs. 2018. Finished steel import market share was an estimated 19% in May and is estimated at 21% over the first five months of 2019.
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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).