Import Market Share Through April

This Steel Market Update report examines the import share of sheet, plate, long and tubular products and 18 subcategories.

Table 1 (click to enlarge) shows total supply to the market in three months through April and in 12 months through April for the four product groups and the 18 sub-categories. 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 has negative momentum when comparing the 12-month with the three-month rates. Exceptions are HR sheet, standard pipe, line pipe, rebar, heavy structurals and light shapes.