[Ferro-Alloys.com] Based on final Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,023,000 net tons (NT) of steel in June 2019, including 1,711,000 net tons (NT) of finished steel (down 2.5% and 8.3%, respectively, vs. May final data). Through the first six months of 2019, total and finished steel imports are 15,620,000 and 11,676,000 net tons (NT), down 12.7% and 16.7%, respectively, vs. the same period in 2018. Annualized total and finished steel imports in 2019 would be 31.2 and 23.4 million NT, down 7.4% and 9.1%, respectively, vs. 2018. Finished steel import market share was an estimated 20% in June and is estimated at 21% over the first six months of 2019.
Key finished steel products with a significant import increase in June compared to May were tin plate (up 70%), mechanical tubing (up 14%) and wire rods (up 12%).
In June the largest volumes of finished steel imports from offshore were from South Korea (163,000 NT, down 44% from May final), Japan (112,000 NT, down 9%), Germany (100,000 NT, up 56%), Taiwan (86,000 NT, up 7%) and Vietnam (59,000 NT, down 3%). For the first six months of 2019, the largest offshore suppliers were South Korea (1,450,000 NT, down 17% vs. the same period in 2018), Japan (723,000 NT, down 2%), Germany (617,000 NT, down 7%), Taiwan (522,000 NT, down 7%) and Vietnam (427,000 NT, down 16%).（AISI）