Steel Import Market Share Through May

This Steel Market Update report examines the import share of sheet, plate, long and tubular products and 16 subcategories through May.

Table 1 shows total supply to the market in three months through May and in 12 months through May for the four product groups and the 16 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 16 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 for sheet and plate products, import momentum is increasing for three of the six sectors. Momentum is decreasing for tubular goods with the exception of OCTG. Momentum is increasing for three of the six long products.