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FACT SHEET
STEEL IMPORTS FOR APRIL 2002
DECREASED 13.7 PERCENT FROM MARCH 2002
May 29, 2002
Newly released preliminary government figures covering steel imports for the month of April 2002 show that steel imports decreased 13.7 percent from March 2002 levels.
Total Steel Mill Products
The preliminary data released today show that overall steel imports in April 2002 decreased 13.7 percent compared to March 2002. The decrease in April's total amount of steel imports was due primarily to a decrease in imports of semi-finished steel and cut-to-length plate. April 2002 imports of finished steel products decreased 9 percent compared to March 2002, and imports of semi-finished steel fell 28 percent.
April 2002 imports of steel mill products were down 29 percent compared to April 2001. April 2002 imports of finished steel was down 31 percent compared to April 2001, and semi-finished steel products were also down 22 percent compared to April 2001. January to April 2002 imports of steel mill products were up 6 percent compared to the same period in 2001. January to April 2002 imports of finished steel were down 3 percent compared to the same period last year, while imports of semi-finished steel are up 41 percent.
Hot-Rolled Steel
April 2002 imports of hot-rolled steel decreased 13 percent from their March 2002 levels and were down 37 percent compared to April 2001 levels. January to April 2002 imports of hot-rolled steel were down 7 percent compared to the same period last year. These products were the subject of antidumping and countervailing duty investigations.
Cold-Rolled Steel
April 2002 imports of cold-rolled steel decreased 16 percent compared to March 2002 levels and were down 61 percent compared to April 2001 levels. January to April 2002 imports of cold-rolled steel were down 29 percent compared to the same period last year. These products are the subject of current antidumping and countervailing duty investigations.
Cut-to-Length Plate
April 2002 imports of cut-to-length plate decreased 62 percent compared to March 2002. April 2002 imports were down 36 percent compared to April 2001. January to April 2002 imports of cut-to-length plate were up 32 percent compared to the same period last year.
Corrosion-Resistant Steel
April 2002 imports of corrosion-resistant steel decreased 2 percent compared to March 2002. April 2002 imports of these products were down 27 percent compared to April 2001. January to April 2002 imports of corrosion-resistant steel were up 29 percent compared to the same period last year.
Wire Rod
April 2002 imports of wire rod decreased 12 percent compared to March 2002 levels but were up 27 percent compared to April 2001 levels. January to April 2002 imports of wire rod were up 20 percent compared to the same period last year. These products are the subject of current antidumping and countervailing duty investigations.
Heavy Structurals
April 2002 imports of heavy structurals decreased 28 percent from their March 2002 level and were down 23 percent compared to April 2001 levels. January to April 2002 imports of heavy structurals were down 22 percent compared to the same period last year.
Rebar
April 2002 imports of rebar rose 5 percent compared to March 2002. April 2002 imports of these products were down 67 percent compared to April 2001. January to April 2002 imports of rebar were down 0.2% percent compared to the same period last year.
Hot-Rolled Bar
April 2002 imports of hot-rolled bar rose 11 percent compared to March 2002 and were up 7 percent compared to April 2001 levels. January to April 2002 imports of hot-rolled bar were up 13 percent compared to the same period last year.
Standard Pipe
April 2002 imports of standard pipe increased 6 percent compared to March 2002. April 2002 imports of these products were down 36 percent compared to April 2001, and January to April 2002 imports of standard pipe were down 0.9% percent compared to the same period last year.
Oil Country Tubular Goods (OCTG)
April 2002 imports of OCTG decreased 2 percent compared to March 2002. April 2002 imports of these products were down 80 percent compared to April 2001. January to April 2002 imports of OCTG were down 59 percent compared to the same period last year.
Semi-Finished Steel
April 2002 imports of semi-finished steel decreased 28 percent compared to March 2002 and were down 22 percent compared to April 2001 levels. January to April 2002 imports of semi-finished steel were up 41 percent compared to the same period last year. Imports of these products are used by U.S. steel companies to produce finished products.
EXPANDED BREAKOUT BY GRADE
Since May 2001 the U.S. Census Bureau (Census) expanded its early release of steel import data to include separate breakouts for carbon, alloy and stainless steel in each of the product categories. The following lists some of the highlights from these new breakouts:
Carbon Steel
Overall imports of carbon steel products in April 2002 decreased 11 percent from their March 2002 levels and were down 30 percent compared to April 2001 levels. January to April 2002 imports of these products were up 5 percent compared to the same period last year.
Carbon Hot-Rolled Steel - Imports of carbon hot-rolled steel in April 2002 decreased 11 percent compared to March 2002 and were down 36 percent compared to April 2001 levels. January to April imports of these products were down 8 percent compared to the same period last year.
Carbon Cold-Rolled Steel - Imports of carbon cold-rolled steel in April 2002 decreased 19 percent compared to March 2002. April 2002 imports were down 64 percent compared to April 2001. January to April imports of these products were down 30 percent compared to the same period last year.
Alloy Steel
Overall imports of alloy steel products in April 2002 decreased 24 percent compared to March 2002 and were down 25 percent compared to April 2001 levels. January to April 2002 imports of these products were up 16 percent compared to the same period last year.
Tool Steel - Imports of tool steel in April 2002 increased 22 percent compared to March 2002. April 2002 imports were down 31 percent compared to April 2001. January to April imports of these products were down 24 percent compared to the same period last year.
Stainless Steel
Overall imports of stainless steel products in April 2002 decreased 34 percent from their March 2002 level and were down 22 percent compared to April 2001 levels. January to April 2002 imports of these products were up 6 percent compared to the same period last year.
Stainless Hot-Rolled Steel - Imports of stainless hot-rolled steel in April 2002 decreased 73 percent compared to March 2002. April 2002 imports were down 58 percent compared to April 2001. January to April imports of these products were up 56 percent compared to the same period last year.
Stainless Cold-Rolled Steel - Imports of stainless cold-rolled steel in April 2002 increased 8 percent compared to March 2002. April 2002 imports were up 20 percent compared to April 2001. January to April imports of these products were up 3 percent compared to the same period last year.
Stainless Hot-Rolled Bars - Imports of stainless hot-rolled bars in April 2002 decreased 62 percent compared to March 2002 and were down 81 percent compared to April 2001 levels. January to April imports of these products were down 22 percent compared to the same period last year.
Stainless Cold-Finished Bars - Imports of stainless cold-finished bars in April 2002 decreased 12 percent compared to March 2002. April 2002 imports were down 54 percent compared to April 2001. January to April imports of these products were down 31 percent compared to the same period last year.
These figures are being provided on an expedited basis and will continue to be released on this schedule each month. The data released today are preliminary and are likely to change somewhat between now and the release of the final April statistics next month. May 2002 preliminary figures will be released on June 25, 2002.
Note: Census issued revisions to certain country totals within product categories for 1998 and the first six months of 1999. Only individual country totals within certain product categories were affected by these revisions; the overall totals for these product categories were not affected. These revisions have been incorporated into this fact sheet and the accompanying tables. Detailed reports containing the revisions to the data for 1998 and the period March to June 1999 are available on the Census Bureau web site.
| U.S. IMPORTS: STEEL MILL PRODUCTS |
| January-April 2001 to January-April 2002 Comparisons |
| Quantities in Metric Tons |
| All Grades |
| AISICAT |
January-April 2001 |
January-April 2002 |
% CHANGE |
| Steel Mill Products |
8,635,010 |
9,166,153 |
6.15% |
| Semi-Finished |
1,785,650 |
2,515,235 |
40.86% |
| Finished Products |
6,849,360 |
6,650,918 |
( 2.90%) |
| Hot-Rolled Steel (1) |
1,099,105 |
1,021,912 |
( 7.02%) |
| Cold-Rolled Steel (2) |
946,410 |
674,817 |
( 28.70%) |
| Cut-to-Length Plate |
228,265 |
302,377 |
32.47% |
| Corrosion Resistant Steel (3) |
548,725 |
707,102 |
28.86% |
| Wire Rod |
704,413 |
844,821 |
19.93% |
| Heavy Structurals |
287,472 |
222,972 |
( 22.44%) |
| Rebar |
474,908 |
473,909 |
( 0.21%) |
| Hot-Rolled Bars |
415,639 |
470,374 |
13.17% |
| Standard Pipe |
356,518 |
353,354 |
( 0.89%) |
| OCTG |
352,402 |
145,178 |
( 58.80%) |
| Light Shaped Bars |
50,839 |
59,722 |
17.47% |
| Cold Finished Bars |
110,388 |
92,672 |
( 16.05%) |
| Line Pipe (4) |
313,332 |
360,524 |
15.06% |
| Mechanical Tubing |
152,170 |
146,715 |
( 3.58%) |
| Pipe and Tubing, NEC |
6,478 |
6,760 |
4.35% |
| Pipe for Piling |
3,171 |
8,237 |
159.81% |
| Pressure Tubing |
20,077 |
34,386 |
71.28% |
| Railroad Accessories |
5,770 |
3,032 |
( 47.46%) |
| Other Rails |
6,022 |
3,788 |
( 37.09%) |
| Standard Rails |
82,642 |
76,244 |
( 7.74%) |
| Electrical Sheets & Strip |
39,680 |
29,636 |
( 25.31%) |
| Stainless Pipe & Tubing |
25,769 |
24,498 |
( 4.93%) |
| Steel Piling |
46,275 |
42,694 |
( 7.74%) |
| Structural Pipe & Tube |
155,516 |
122,510 |
( 21.22%) |
| Tin Free |
49,992 |
45,305 |
( 9.38%) |
| Tin Plate |
105,407 |
122,091 |
15.83% |
| Tool Steel |
54,207 |
41,296 |
( 23.82%) |
| Wire Drawn |
207,770 |
213,994 |
3.00% |
| |
| (1) Includes hot-rolled sheet and plate in coils |
| (2) Includes cold-rolled sheet and strip and black plate |
| (3) Includes galvanized hot-dipped, electrolytic and other metal coated sheet and strip |
| (4) Line Pipe includes line pipe > 16 inches in diameter, line pipe <= 16 inches in diameter, and non-specified types of line pipe |
| April 2002 figures based on preliminary data |
| |
| Source: U.S. Department of Commerce |
| May 29, 2002 |
| U.S. IMPORTS: STEEL MILL PRODUCTS |
| April 2001 to April 2002 Comparisons |
| Quantities in Metric Tons |
| All Grades |
| AISICAT |
April 2001 |
April 2002 |
% CHANGE |
| Steel Mill Products |
2,412,666 |
1,706,145 |
( 29.28%) |
| Semi-Finished |
464,718 |
362,604 |
( 21.97%) |
| Finished Products |
1,947,947 |
1,343,541 |
( 31.03%) |
| Hot-Rolled Steel (1) |
304,698 |
193,269 |
( 36.57%) |
| Cold-Rolled Steel (2) |
270,076 |
106,326 |
( 60.63%) |
| Cut-to-Length Plate |
54,818 |
35,281 |
( 35.64%) |
| Corrosion Resistant Steel (3) |
149,490 |
109,711 |
( 26.61%) |
| Wire Rod |
204,815 |
260,040 |
26.96% |
| Heavy Structurals |
61,549 |
47,287 |
( 23.17%) |
| Rebar |
129,034 |
43,069 |
( 66.62%) |
| Hot-Rolled Bars |
107,061 |
114,433 |
6.89% |
| Standard Pipe |
99,617 |
63,542 |
( 36.21%) |
| OCTG |
152,280 |
30,224 |
( 80.15%) |
| Light Shaped Bars |
10,706 |
12,034 |
12.40% |
| Cold Finished Bars |
31,164 |
17,546 |
( 43.70%) |
| Line Pipe (4) |
122,211 |
96,287 |
( 21.21%) |
| Mechanical Tubing |
40,926 |
37,444 |
( 8.51%) |
| Pipe and Tubing, NEC |
1,853 |
1,891 |
2.02% |
| Pipe for Piling |
1,026 |
880 |
( 14.23%) |
| Pressure Tubing |
5,711 |
10,728 |
87.85% |
| Railroad Accessories |
928 |
771 |
( 16.91%) |
| Other Rails |
1,609 |
774 |
( 51.88%) |
| Standard Rails |
13,872 |
19,493 |
40.53% |
| Electrical Sheets & Strip |
10,763 |
2,999 |
( 72.13%) |
| Stainless Pipe & Tubing |
6,637 |
6,536 |
( 1.52%) |
| Steel Piling |
10,946 |
15,362 |
40.34% |
| Structural Pipe & Tube |
43,413 |
28,354 |
( 34.69%) |
| Tin Free |
14,789 |
8,442 |
( 42.92%) |
| Tin Plate |
32,347 |
13,252 |
( 59.03%) |
| Tool Steel |
14,633 |
10,036 |
( 31.42%) |
| Wire Drawn |
50,976 |
57,532 |
12.86% |
| |
| (1) Includes hot-rolled sheet and plate in coils |
| (2) Includes cold-rolled sheet and strip and black plate |
| (3) Includes galvanized hot-dipped, electrolytic and other metal coated sheet and strip |
| (4) Line Pipe includes line pipe > 16 inches in diameter, line pipe <= 16 inches in diameter, and non-specified types of line pipe |
| April 2002 figures based on preliminary data |
| |
| Source: U.S. Department of Commerce |
| May 29, 2002 |
| U.S. IMPORTS: STEEL MILL PRODUCTS |
| March 2002 to April 2002 Comparisons |
| Quantities in Metric Tons |
| All Grades |
| AISICAT |
March 2002 |
April 2002 |
% CHANGE |
| Steel Mill Products |
1,976,781 |
1,706,145 |
( 13.69%) |
| Semi-Finished |
506,577 |
362,604 |
( 28.42%) |
| Finished Products |
1,470,204 |
1,343,541 |
( 8.62%) |
| Hot-Rolled Steel (1) |
222,059 |
193,269 |
( 12.97%) |
| Cold-Rolled Steel (2) |
126,315 |
106,326 |
( 15.82%) |
| Cut-to-Length Plate |
92,965 |
35,281 |
( 62.05%) |
| Corrosion Resistant Steel (3) |
112,006 |
109,711 |
( 2.05%) |
| Wire Rod |
294,283 |
260,040 |
( 11.64%) |
| Heavy Structurals |
65,659 |
47,287 |
( 27.98%) |
| Rebar |
41,062 |
43,069 |
4.89% |
| Hot-Rolled Bars |
102,772 |
114,433 |
11.35% |
| Standard Pipe |
60,150 |
63,542 |
5.64% |
| OCTG |
30,685 |
30,224 |
( 1.50%) |
| Light Shaped Bars |
15,819 |
12,034 |
( 23.93%) |
| Cold Finished Bars |
27,989 |
17,546 |
( 37.31%) |
| Line Pipe (4) |
86,634 |
96,287 |
11.14% |
| Mechanical Tubing |
28,931 |
37,444 |
29.43% |
| Pipe and Tubing, NEC |
1,551 |
1,891 |
21.90% |
| Pipe for Piling |
937 |
880 |
( 6.09%) |
| Pressure Tubing |
9,292 |
10,728 |
15.45% |
| Railroad Accessories |
962 |
771 |
( 19.86%) |
| Other Rails |
1,157 |
774 |
( 33.07%) |
| Standard Rails |
20,011 |
19,493 |
( 2.59%) |
| Electrical Sheets & Strip |
3,206 |
2,999 |
( 6.46%) |
| Stainless Pipe & Tubing |
6,209 |
6,536 |
5.27% |
| Steel Piling |
5,825 |
15,362 |
163.71% |
| Structural Pipe & Tube |
27,992 |
28,354 |
1.29% |
| Tin Free |
7,568 |
8,442 |
11.55% |
| Tin Plate |
14,174 |
13,252 |
( 6.51%) |
| Tool Steel |
8,217 |
10,036 |
22.13% |
| Wire Drawn |
55,773 |
57,532 |
3.15% |
|
|
| (1)
Includes hot-rolled sheet and plate in coils |
| (2)
Includes cold-rolled sheet and strip and black plate |
| (3)
Includes galvanized hot-dipped, electrolytic and other metal coated
sheet and strip |
| (4)
Line Pipe includes line pipe > 16 inches in diameter, line
pipe <= 16 inches in diameter, and non-specified types of line
pipe |
| April
2002 figures based on preliminary data |
|
|
| Source:
U.S. Department of Commerce |
| May
29, 2002 |
|
