AISI releases May SIMA imports data

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 2,943,000 net tons (NT)*. This was a 26.3% decrease from the 3,993,000 permit tons recorded in April and a 21.3% decrease from the April preliminary imports total of 3,738,000 NT. Import permit tonnage for finished steel in May was 2,347,000, down 17.9% from the preliminary imports total of 2,860,000 in April. For the first five months of 2018 (including May SIMA permits and April preliminary data), total and finished steel imports were 15,379,000 NT and 12,044,000 NT, down 2.5% and 0.3%, respectively, from the same period in 2017. The estimated finished steel import market share in May was 25% and is 26% year-to-date (YTD).

Read more at AISI Releases May SIMA Imports Data.

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