Washington, D.C. – Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 3,327,000 net tons (NT) of steel in March 2018, including 2,480,000 net tons (NT) of finished steel (up 34.2% and 23.0%, respectively, vs. February final data). Year-to-date (YTD) through three months of 2018, total and finished steel imports are 8,690,000 and 6,831,000 net tons (NT), down 3.0% and 1.7%, respectively, vs. the same period in 2017. Annualized total and finished steel imports in 2018 would be 34.8 and 27.3 million NT, down 8.8% and 7.6%, respectively, vs. 2017. Finished steel import market share was an estimated 26% in March and is estimated at 25% YTD.
Key finished steel products with significant import increases in March compared to February include reinforcing bars (up 215%), plates in coils (up 60%), cold rolled sheets (up 42%), hot rolled sheets (up 42%), sheets and strip hot dipped galvanized (up 30%), standard pipe (up 27%), oil country goods (up 27%), mechanical tubing (up 27%), and sheets and strip all other metallic coatings (up 12%). Major products with significant year-to-date (YTD) increases vs. the same period in 2017 include oil country goods (up 41%), hot rolled sheets (up 39%), plates in coils (up 33%), mechanical tubing (up 26%), hot rolled bars (up 17%) and line pipe (up 10%).
manufacturer of tool steel, stainless steel, nickel alloy, alloy steel
Steel Imports Up 34% from Prior Month in March
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Founded in 1998, FuShun covers an area of 3000 square meters, annual sales volume of 20000 tons. We are engaged in the manufacture and export of Tool Steel, Nickel Alloy, Stainless Steel and other special steel products…，View more content About Me.