US steel imports down 2.4 percent in June

Wednesday, 24 July 2019 00:22:45 (GMT+3)   |   San Diego

According to preliminary census data from the US Department of Commerce, US monthly steel imports in June 2019 decreased 2.4 percent from May to total 1,835,310 mt. A year-on-year comparison shows an 18.8 percent decrease. In terms of value, US steel imports in June totaled $1.81 billion, compared to $1.88 billion in May and $2.19 billion in June 2018.

Top sources for US steel imports in June include: Canada, with 373,337 mt; Mexico, with 238,782 mt; Korea, with 147,533 mt; Russia, with 143,392 mt; and Japan, with 103,689 mt.

Major steel products imported in June include blooms, billets and slab, at 274,662 mt; OCTG, at 170,464 mt; hot dipped galvanized sheets and strip, at 161,660 mt; HRC, at 120,724 mt; CRC, at 118,075 mt; and line pipe, at 111,539 mt.

According to the American Iron and Steel Institute (AISI), the US steel import market share in June 2019 was estimated at 20 percent, compared to 19 percent in May, and 21 percent year-to-date.

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