Through September 2021, Steel Imports Up 34.9%
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 3,237,000 net tons (NT) of steel in September 2021, including 2,469,000 net tons (NT) of finished steel (up 16.7% and 17.1%, respectively, vs. August final data). Through the first nine months of 2021, total and finished steel imports are 23,806,000 and 16,684,000 net tons (NT), both up 34.9%, vs. the same period in 2020. Annualized total and finished steel imports in 2021 would be 31.7 and 22.2 million NT, up 44.2% and 37.8%, respectively, vs. 2020. Finished steel import market share was an estimated 25% in September and is estimated at 21% over the first nine months of 2021.