Home / Metal News / US Preliminary Steel Imports declined 4% in April

US Preliminary Steel Imports declined 4% in April

iconMay 28, 2015 15:20
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 3,483 ,000 net tons (NT) of steel in April 2015.

 Author: Paul Ploumis28 May 2015 Last updated at 01:49:51 GMT

 
SEATTLE (Scrap Monster): Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 3,483 ,000 net tons (NT) of steel in April 2015, including 2,938,000 net tons (NT) of finished steel (down 3.7% and 7.8%, respectively, vs. March final data).
 
Year-to-date (YTD) total and finished steel imports are 15,204,000 and 12,606,000 net tons (NT), respectively, up 13% and 27% respectively, vs. the same period in 2014. Finished steel import market share was an estimated 33% in April.
 
Key finished steel products with a significant import increase in April compared to the previous month are standard pipe (up 30%), heavy structural shapes (up 26%), cold rolled sheets (up 21%) and sheets and strip all other metallic coatings (up 14%).
 
The major products that recorded significant rise in import volumes year-to-date in comparison with the similar four-month period in 2014 are line pipe (up 93%), heavy structural shapes (up 81%), cut lengths plates (up 49%), standard pipe(up 49%), plates in coils (up 33%), cold rolled sheets (up 31%), reinforcing bars (up 30%), sheets and strip galvanized hot dipped (up 29%), tin plate (up 29%), oil country goods (up 23%), hot rolled sheets (up 17%), sheets and strip all other metallic coatings (up 16%) and wire drawn (up 12%).
 
In April, the largest volumes of finished steel imports from offshore were from South Korea (511,000 NT, down 9% vs. March final), Turkey (214,000 NT, down 48%), China (293,000 NT, up 8%), Japan (226,000 NT, up 25%) and Taiwan (123,000 NT, down 27%).
 
The largest offshore suppliers for the initial four-month period of the year were South Korea (2,389,000 NT, up 52%), Turkey (1,210,000 NT, up 98%), China (1,028,000 NT, up 5%), Japan (862,000 NT, up 22%) and Germany (543,000 NT, up 44%)
 
Courtesy: American Iron and Steel Institute
AISI
US steel import
US steel import april 2015
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news