The Specialty Steel Industry of North America Tuesday released statistical data on imports, US consumption, and import penetration for year-to-date November 2012. The data represents US consumption, imports, and import penetration for November 2012 compared to the same 11-month period in 2011.
The following data is presented by specialty steel product line, total stainless steel, and total specialty steel:
- Stainless steel sheet/strip: Imports in year-to-date November 2012 were 424,027 tons, a 14.9 percent increase compared to year-to-date November 2011; US consumption was 1,566,146 tons, an 8 percent increase; 11 month import penetration was 27.1 percent, a 1.6 percentage point increase from 2011.
- Stainless steel plate: Imports in year-to-date November 2012 were 195,900 tons, a 22.2 percent increase compared to year-to-date November 2011; US consumption was 389,177 tons, a 16 percent increase; 11 month import penetration was 50.3 percent, a 2.5 percentage point increase from 2011.
- Stainless steel bar: Imports in year-to-date November 2012 were 135,533 tons, a 3.9 percent increase compared to year-to-date November 2011; US consumption was 237,953 tons, a 0.1 percent increase; 11 month import penetration was 57 percent, a 2.1 percentage point increase from 2011.
- Stainless steel rod: Imports in year-to-date November 2012 were 28,599 tons, a 12.4 percent increase compared to year-to-date November 2011; US consumption was 67,547 tons, a 1.1 percent increase; 11 month import penetration was 42.3 percent, a 4.2 percentage point increase from 2011.
- Stainless steel wire: Imports in year-to-date November 2012 were 45,303 tons, a 4.8 percent increase compared to year-to-date November 2011; US consumption was 55,759 tons, a 1.3 percent decrease; 11 month import penetration was 81.2 percent, a 4.7 percentage point increase from 2011.
Imports of total stainless steel (comprising the foregoing product lines) in year-to-date November 2012 were 829,361 tons, a 13.8 percent increase compared to year-to-date November 2011; US consumption was 2,316,582 tons, a 7.9 percent increase; 11 month import penetration was 35.8 percent, a 1.9 percentage point increase from 2011.
- Alloy tool steel: Imports in year-to-date November 2012 were 114,951 tons, a 13 percent increase compared to year-to-date November 2011; US consumption and import penetration were not calculable.
- Electrical steel: Imports in year-to-date November 2012 were 113,363 tons, a 6 percent increase compared to year-to-date November 2011; US consumption and import penetration were not calculable.
Imports of total specialty steel (comprising stainless steel, alloy tool steel and electrical steel) in year-to-date November 2012 were 1,057,674 tons, a 12.8 percent increase compared to year-to-date November 2011; US consumption and import penetration were not calculable.