Based on final Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,023,000 net tons (NT) of steel in June 2019, including 1,711,000 net tons (NT) of finished steel (down 2.5% and 8.3%, respectively, vs. May final data). Through the first six months of 2019, total and finished steel imports are 15,620,000 and 11,676,000 net tons (NT), down 12.7% and 16.7%, respectively, vs. the same period in 2018. Annualized total and finished steel imports in 2019 would be 31.2 and 23.4 million NT, down 7.4% and 9.1%, respectively, vs. 2018. Finished steel import market share was an estimated 20% in June and is estimated at 21% over the first six months of 2019.

Source: American Iron and Steel Institute