Steel imports down 12 percent year-to-date

Based on final Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,062,000 net tons (NT) of steel in May 2019, including 1,853,000 net tons (NT) of finished steel (down 38.2% and 9.3%, respectively, vs. April final data). Through the first five months of 2019, total and finished steel imports are 13,584,000 and 9,953,000 net tons (NT), down 11.7% and 18.1%, respectively, vs. the same period in 2018. Annualized total and finished steel imports in 2019 would be 32.6 and 23.9 million NT, down 3.3% and 7.0%, respectively, vs. 2018. Finished steel import market share was an estimated 19% in May and is estimated at 21% over the first five months of 2019.

Read more at Steel Imports Down 12 Percent Year-to-Date.

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