STEEL NEWS

USA: steel imports in April fell 13.9% versus March

According to the American Iron and Steel Institute (AISI), permits for steel imports in April amounted to 2,959,000 tons, which was 13.9% less compared to 3,436,000 tons recorded in March, and 68.8% more than the total imports in March, amounting to 1,753,000 tons. The tonnage of permits for the import of finished steel in April amounted to 1,317,000, which is 13.0% less than the total import volume of 1,514,000 in March. For the first four months of 2020 (including April SIMA permits and final imports in March), the total volume of finished steel imports amounted to 9,371,000 tons and 5,827,000 tons, which is 18.7% and 28.1% respectively lower compared to the same the period of 2019. The share of the import market in April amounted to 21% and has been 18% since the beginning of the year.

Imports of finished steel with a large increase in permits in April compared to final imports in March included heavy structural forms (an increase of 89%), sheets and strips of all other metal coatings (an increase of 34%), a reinforcing bar (an increase of 21%) and tin (growth up). nineteen%).

In April, the largest steel importers in the United States were: South Korea - 165,000 tons (-20% versus March 2020), Brazil - 65,000 tons (+ 357%), Japan - 64,000 tons (+ 14%), Germany - 64,000 tons (-8 %) and Turkey - 56,000 tons (+ 72%).