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Dec.14.2019 1USD=7.0156RMB
  SteelHome >>Steel>>Steel Statistics>>International Statistics
 
USA Steel Imports Down 16% Year-to-Date Through October

http://en.steelhome.cn [SteelHome] 2019-11-29 17:53:14

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Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,177,000 net tons (NT) of steel in October 2019, including 1,479,000 net tons (NT) of finished steel (up 14.5% and down3.5%, respectively, vs. September final data). Through the first ten months of 2019, total and finished steel imports are 24,770,000 and 18,343,000 net tons (NT), down 15.9% and 17.0%, respectively, vs. the same period in 2018. Annualized total and finished steel imports in 2019 would be 29.7 and 22.0 million NT, down 11.9% and 14.3%, respectively, vs. 2018. Finished steel import market share was an estimated 17% in October and is estimated at 20% over the first ten months of 2019.

Key finished steel products with a significant import increase in October compared to September were wire rods (up 24%), plates in coils (up 13%), sheets and strip hot dipped galvanized (up 13%), mechanical tubing (up 13%) and heavy structural shapes (up 12%).

Table 1: USA Steel Import in October by Product

Steel mill product

Oct. 2019 Prelims

Sep. 2019 Final

% var Oct vs.Sep

YTD 2019 (10 mo.)

YTD 2018 (10 mo.)

% var 2019 vs 2018

2019 Ann.

2018 12 mo.

% var 2019 vs 2018

Ingots and billets and slabs

697,732

368,555

89.30%

6,413,010

7,329,400

-12.50%

7,695,612

8,007,909

-3.90%

Oil country goods

121,169

150,290

-19.40%

2,109,505

2,496,089

-15.50%

2,531,406

2,801,554

-9.60%

Sheet & Strip Galv. Hot Dipped

221,711

196,148

13.00%

2,117,897

2,610,030

-18.90%

2,541,477

3,037,149

-16.30%

Line pipe

75,744

108,311

-30.10%

1,666,096

1,810,220

-8.00%

1,999,315

2,195,926

-9.00%

Sheets hot rolled

160,901

166,812

-3.50%

1,587,850

2,224,106

-28.60%

1,905,420

2,601,208

-26.70%

Sheets cold rolled

122,214

137,002

-10.80%

1,441,248

1,924,519

-25.10%

1,729,497

2,242,872

-22.90%

Bars - reinforcing

61,469

77,300

-20.50%

996,113

1,078,394

-7.60%

1,195,336

1,168,101

2.30%

Plates in coils

91,102

80,308

13.40%

990,081

1,342,214

-26.20%

1,188,097

1,566,183

-24.10%

Wire rods

69,273

55,682

24.40%

849,511

932,875

-8.90%

1,019,413

1,153,493

-11.60%

Bars - hot rolled

63,085

64,212

-1.80%

756,044

1,038,420

-27.20%

907,253

1,225,618

-26.00%

Tin plate

51,820

55,359

-6.40%

666,653

662,713

0.60%

799,984

769,213

4.00%

Sheets & strip all other met.ctd.

47,318

60,094

-21.30%

619,552

793,882

-22.00%

743,463

933,323

-20.30%

Wire drawn

50,370

49,918

0.90%

594,694

659,778

-9.90%

713,633

767,330

-7.00%

Standard pipe

53,818

52,552

2.40%

593,584

780,331

-23.90%

712,301

884,528

-19.50%

Plates cut lengths

27,322

37,145

-26.40%

498,958

563,909

-11.50%

598,750

659,767

-9.20%

Structural shapes heavy

46,355

41,408

11.90%

505,749

504,276

0.30%

606,899

569,337

6.60%

Mechanical tubing

50,099

44,406

12.80%

487,971

558,542

-12.60%

585,565

656,438

-10.80%

All other

165,963

156,462

6.10%

1,875,759

2,139,206

-12.30%

2,250,908

2,491,311

-9.60%

Total

2,177,465

1,901,964

14.50%

24,770,275

29,448,905

-15.90%

29,724,329

33,731,257

-11.90%

Subtotal finished imports

1,478,759

1,532,286

-3.50%

18,343,475

22,094,485

-17.00%

22,012,170

25,694,317

-14.30%

Table 2: US Steel Import in October by Country (unity in thousands of net tons)

Steel mill product

Oct. 2019 Prelims

Sep. 2019 Final

% var Oct vs.Sep

YTD 2019 (10 mo.)

YTD 2018 (10 mo.)

% var 2019 vs 2018

2019 Ann.

2018 12 mo.

% var 2019 vs 2018

South Korea

170

157

7.90%

2,219

2,479

-10.50%

2,663

2,764

-3.70%

Japan

74

71

4.30%

1,090

1,171

-6.90%

1,308

1,383

-5.40%

Germany

79

64

22.20%

910

1,100

-17.20%

1,092

1,339

-18.40%

Taiwan

39

61

-36.70%

768

916

-16.20%

921

1,069

-13.80%

Vietnam

28

51

-45.70%

622

889

-30.00%

747

1,110

-32.70%

Brazil

59

38

53.80%

510

463

10.30%

612

479

27.70%

China

27

30

-8.50%

498

583

-14.60%

598

696

-14.10%

Italy

17

24

-27.00%

428

505

-15.40%

513

605

-15.20%

All other

985

1,034

-4.70%

11,297

13,989

-19.20%

13,556

16,249

-16.60%

Total

1,479

1,532

-3.50%

18,343

22,094

-17.00%

22,012

25,694

-14.30%


(To contact the reporter on this story: tina.tong@steelhome.cn or 86-21-50585733)
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