US steel imports down 5 percent in July

Thursday, 25 August 2011

The American Iron and Steel Institute (AISI) reported Wednesday that based on preliminary US Census Bureau data the US imported 2,584,000 net tons (nt) of steel in July, including 2.06 million nt of finished steel--down 5 percent and 4 percent, respectively, from June final data.

Despite the overall decline, hot rolled sheet imports were up 43 percent in July compared to June and hot dipped galvanized sheet and strip imports increased 11 percent. Meanwhile, rebar imports were up 40 percent year-to-date in July, hot rolled bar imports rose 35 percent and imports of oil country goods jumped 32 percent.

Annualized total and finished steel imports in 2011 would be 29.5 million nt and 22.5 million nt, respectively, up 23 percent and 20 percent compared to 2010. Finished steel import market share in July was an estimated 23 percent and is also 23 percent year-to-date.

In July, the largest volumes of finished steel imports from offshore were from South Korea (299,000 nt, down 7 percent), China (155,000 nt, down 4 percent), Japan (138,000 nt, up 11 percent), Australia (104,000 nt, up 167 percent) and Germany (86,000 nt, up 39 percent).

For the first seven months of 2011, the largest offshore suppliers have been South Korea (1,809,000 nt, up 67 percent), Japan (895,000 nt, up 20 percent) and China (716,000 nt, up 53 percent).

(sourced steelorbis)

US steel mill shipments up 3.5 percent in June

Thursday, 18 August 2011

The American Iron and Steel Institute (AISI) reported Wednesday that US steel mills shipped 7,639,108 net tons in June, a 3.5 percent increase from the 7,380,064 net tons shipped in May, and a 3.7 percent increase from the 7,367,203 net tons shipped in June 2010.

Year-to-date, shipments in 2011 are 44,779,857 net tons, a 5.8 percent increase from the same period in 2010. A month-to-month comparison of shipments shows that tin plate shipments were up 14 percent, cut-length plate shipments rose 11 percent and hot rolled sheet shipments increased 2 percent.

Steel import permit applications in US fall 13 percent in February

Thursday, 03 March 2011, | My Steel

The American Iron and Steel Institute (AISI) announced Wednesday that based on the US Department of Commerce's most recent Steel Import Monitoring and Analysis (SIMA) data, steel import permit applications for February totaled 1,815,000 net tons (nt), 13 percent below the 2,081,000 permit tons recorded in January.

For finished steel products, import permit tonnage in February was 1,368,000 nt, down 16 percent from the preliminary imports total of 1,632,000 nt in January but up 12 percent versus February 2010 final imports.

The largest finished steel import permit applications for offshore countries were for Korea (161,000 nt, down 25 percent from January), Japan (128,000 nt, up 2 percent from January), Germany (70,000 nt, down 11 percent from January) and Turkey (64,000 nt, up 168 percent), while finished steel import permits for reinforcing bar (up 54 percent) registered the largest increases in February over January.

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