Steel Products Prices North America
October 29, 2019
Steel Imports Down 14 Percent Through September
Written by Tim Triplett
Steel imports are down significantly this year, the result of trade actions and economic forces, but the import market share is relatively unchanged.
Through the first nine months of 2019, the U.S. imported at total of 22.6 million tons of steel, a 13.7 percent decline from the same period in 2018, reports the American Iron and Steel Institute. Finished steel imports, totaling 16.9 million tons, were down 16.1 percent, according to the Census Bureau data. However, the market share for finished steel imports is still an estimated 20 percent.
Annualized, total steel imports would be down by 10.7 percent and finished steel imports down by 12.5 percent versus full-year 2018, AISI reported.
