AISI releases May SIMA Imports Data

Washington, D.C. – Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of May totaled 2,582,000 net tons (NT)*. This was a 10.8% decrease from the 2,895,000 permit tons recorded in April and a 21.9% decrease from the April preliminary imports total of 3,304,000. Import permit tonnage for finished steel in May was 1,809,000, down 10.1% from the preliminary imports total of 2,011,000 in April. For the first five months of 2019 (including May SIMA permits and April preliminary imports), total and finished steel imports were 14,071,000 NT and 9,875,000 NT, down 8.6% and 18.8%, respectively, from the same period in 2018. The estimated finished steel import market share in May was 18% and is 21% year-to-date (YTD).

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