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 2,000,000 net tons (NT) of steel in August 2019, including 1,783,000 net tons (NT) of finished steel (down 34.0% and 3.4%, respectively, vs. July final data). Through the first eight months of 2019, total and finished steel imports are 20,668,000 and 15,321,000 net tons (NT), down 13.6% and 15.9%, respectively, vs. the same period in 2018. Annualized total and finished steel imports in 2019 would be 31.0 and 23.0 million NT, down 8.1% and 10.6%, respectively, vs. 2018. Finished steel import market share was an estimated 19% in August and is estimated at 20% over the first eight 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 18 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).