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September Import Market Share at 20 Percent

Washington, D.C. -Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of September totaled 2,007,000 net tons (NT).  This was an 11% decrease from the 2,252,000 permit tons recorded in August and a 7% decrease from the August preliminary imports total of 2,155,000 NT.    Import permit tonnage for finished steel in September was 1,523,000 NT, down 9% from the preliminary imports total of 1668,000 NT in August.  September total and finished steel import permit tons would annualize at 24,390,000 NT and 18,914,000 NT, up 50% and 33%, respectively, from the 16,215,000 NT and 14,179,000 NT imported in 2009.

In September, the largest finished steel import permit applications for offshore countries were for Korea (213,000 NT, up 8% from August), Japan (101,000 NT, down 26%), China (89,000 NT, down 10%), Germany (53,000 NT, down 18%) and Russia (52,000 NT, up 613%).  
Finished steel import market share in September and year-to-date are 20% and 21%, respectively.

Finished steel import permits for major product categories that registered significant increases in September vs. the August preliminary include cut length plates (up 40%), cold rolled sheets (up 29%) and hot rolled sheets (up 25%).

In commenting on the September SIMA data, Thomas J. Gibson, AISI president and CEO, stated that, “With capability utilization in the United States still at only 71 percent, the continuing 20 percent market share that imports are claiming is a concern.   The focus must remain on full and strict trade law enforcement against dumped and subsidized imports." 

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