SSINA releases 2005 specialty steels data
According to a report from the the Specialty Steel Industry of North America (SSINA), YTD statistics for October 2005 show that in the first ten months of 2005, stainless steel imports were up 5 percent from the same period in 2004, and imports of specialty steel were up 8 percent from the same period the previous year. The report also displayed YTD US consumption data for the ten month period ended October 2005, which showed a 7 percent decrease from the same period the previous year for stainless steel products, and a 4 percent decrease for specialty products. The report did not list month-on-month data. The following is a comparison of select steel product imports for January - October 2005:
Product Imports
YTD Oct 2005 Increase/Decrease YTD 2005-04
Stainless steel sheet 316'465 -7%
Stainless steel plate 70'300 22%
Stainless steel bar 105'259 58%
Stainless steel rod 36'257 -5%
Stainless steel wire 36'866 7%
Alloy tool steel: 101'607 35%
Electrical steel: 70'375 1%
Total Stainless steel 565'146 5%
Total Specialty steel 737'128 8%
The following is a comparison sheet of select steel product consumption in the U.S. for January - October 2005:
Product Consumption YTD Oct 2005 Increase/Decrease YTD 2005-04 Stainless steel sheet 1,366,269 -9% Stainless steel plate 214,546 -11% Stainless steel bar 202,286 21% Stainless steel rod 58,257 -2% Stainless steel wire 64,072 -8% Electrical Steel 336,744 5% Total Stainless steel 1,905,430 -7% Total Specialty steel 2,326,438 -4%