Import Market Share Through March

Steel Market Update’s analysis of import market share for sheet, plate, long and tubular products and their 18 subcategories shows big disparities by product type.

Table 1 shows total supply to the market in three months through March and in 12 months through March for the four product groups and the 18 subcategories. Supply to the market is the total of domestic mill shipments to domestic locations plus imports. It shows imports on the same three- and 12-month basis and then calculates import market share for the two time periods for 18 products. Finally, it subtracts the 12-month share from the three-month share and color codes the result green or red. If the result of the subtraction is positive, it means that import share is increasing, and the code is red. The big picture is that in most cases import share is declining. Exceptions are HR sheet, mechanical tubing, OCTG and light shapes.