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AISI: USA Steel Imports 2018 Down 12 Percent YoY

https://en.steelhome.com [SteelHome] 2019-03-13 09:57:13

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Based on final Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 1,898,000 net tons (NT) of steel in December 2018, including 1,679,000 net tons (NT) of finished steel (down 20.4% and 12.6%, respectively, vs. November final data). For the full year of 2018, total and finished steel imports are 33,731,000 and 25,694,000 net tons (NT), down 11.5% and 13.1%, respectively, compared to full year 2017. Finished steel import market share was 19% in December and 23% for full year 2018.

Key finished steel products with a significant import increase in December compared to November were heavy structural shapes (up 20%) and line pipe (up 12%). Major products with significant increases for full year 2018 vs. full year 2017 include hot rolled sheets (up 22%) and plates in coils (up 15%).

Steel mill product

Dec.2018 final

Nov.2018 final

% Var Dec.VS Nov.

2018

2017

% Var 2018 VS 2017

Ingots and billets and slabs

216,741

461,767

-53.10%

8,007,909

8,519,484

-6.00%

Sheets & Strip Galv Hot dipped

196,095

231,024

-15.10%

3,037,149

3,421,194

-11.20%

Oil country goods

134,248

171,217

-21.60%

2,801,554

3,416,194

-18.00%

Sheets Hot Rolled

183,703

193,399

-5.00%

2,601,208

2,129,384

22.20%

Sheets Cold Rolled

155,001

163,352

-5.10%

2,242,872

2,932,375

-23.50%

Line Pipe

203,874

181,821

12.10%

2,195,938

2,234,960

-1.70%

Plates in coils

101,714

122,255

-16.80%

1,566,183

1,365,316

14.70%

Bars - Hot rolled

75,171

112,027

-32.90%

1,225,618

1,453,127

-15.70%

Bars - Reinforcing

37,643

52,064

-27.70%

1,168,101

1,566,310

-25.40%

Wire rods

106,132

114,486

-7.30%

1,153,493

1,581,077

-27.00%

Sheets & Strip all other Met.Ctd

52,621

86,820

-39.40%

933,323

1,173,623

-20.50%

Standard pipe

44,366

59,831

-25.80%

884,528

1,165,069

-24.10%

Tin plate

52,672

53,829

-2.10%

769,213

941,400

-18.30%

Wire drawn

52,971

54,581

-2.90%

767,330

856,820

-10.40%

Plates cut lengths

33,325

62,533

-46.70%

659,767

828,010

-20.30%

Mechanical tubing

42,600

55,296

-23.00%

656,439

669,791

-2.00%

Structural shapes heavy

35,464

29,595

19.80%

569,336

859,808

-33.80%

All other

173,235

178,864

-3.10%

2,491,325

3,012,041

-17.30%

Total

1,897,576

2,384,761

-20.40%

33,731,284

38,125,982

-11.50%

Subtotal finished imports

1,678,577

1,921,239

-12.60%

25,694,344

29,560,937

-13.10%

In December the largest volumes of finished steel imports from offshore were from Germany (114,000 NT,down 9% from November final), Vietnam (100,000 NT, down 17%), South Korea (91,000 NT, down 53%), Japan (97,000 NT, down 16%) and Turkey (53,000 NT, down 10%). For full year 2018, the largest offshore suppliers were South Korea (2,764,000 NT, down 26% vs. full year 2017), Japan (1,383,000 NT, down 8%), Germany (1,339,000 NT, down 5%), Turkey (1,153,000 NT, down 47%) and Vietnam (1,110,000 NT, up 48%). Below are charts on estimated steel import market share in recent months and on finished steel imports from offshore by country.

Country

Dec.2018 final

Nov.2018 final

% Var Dec.VS Nov.

2018

2017

% Var 2018 VS 2017

South Korea

91

195

-53.40%

2764

3753

-26.30%

Japan

97

115

-10%

1383

1504

-8.10%

Germany

114

125

-8.50%

1339

1405

-4.70%

Turkey

53

59

-10.30%

1153

2191

-47.40%

Vietnam

100

121

-17.10%

1110

749

48.20%

Taiwan

52

100

-47.60%

1069

1245

-14.20%

China

47

65

-27.80%

696

813

-14.40%

Netherlands

45

79

-42.90%

613

658

-6.80%

All others

1079

1063

1.60%

15568

17243

-9.70%

Total

1679

1921

-12.60%

25694

29561

-13.10%

U.S. IMPORTS OF FINISHED STEEL MILL PRODUCTS 3 MONTHS ROLLING AVERAGE

(thousands of net tons)

Steel mill product

Final 3 Mos. Rolling Avg. Dec.18-Oct.18

Final 3 Mos. Rolling Avg. Sep.18-Jul.18

Current 3 mos VS 2 mos prior % change

Sheets & Strip Galv Hot dipped

229

249

-8.10%

Sheets Hot Rolled

211

231

-8.40%

Line Pipe

194

169

14.80%

Sheets Cold Rolled

167

174

-4.10%

Oil country goods

161

201

-19.70%

Plates in coils

124

133

-6.70%

Wire rods

98

95

3.10%

Bars - Hot rolled

97

80

21.20%

Sheets & Strip all other Met.Ctd

70

80

-12.20%

Standard pipe

57

67

-14.80%

All other

460

549

-16.20%

Total finished imports

1868

2027

-7.80%

U.S. IMPORTS OF FINISHED STEEL MILL PRODUCTS 3 MONTHS ROLLING AVERAGE

(thousands of net tons)

Country

Final 3 Mos. Rolling Avg. Dec.18-Oct.18

Final 3 Mos. Rolling Avg. Sep.18-Jul.18

Current 3 mos VS 2 mos prior % change

South Korea

156

184

-15.20%

Germany

118

109

8.00%

Turkey

60

109

-45.00%

Japan

106

108

-1.30%

Taiwan

75

95

-21.40%

Vietnam

112

88

26.40%

Italy

51

67

-24.30%

Netherlands

67

56

19.40%

China

57

48

20.20%

Greece

25

35

-29.50%

All other

1041

1128

-7.70%

Total finished imports

1868

2027

-7.80%

source: AISI


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