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Fact Sheet

Steel Imports for January 2000 Decrease 4 Percent from December 1999

February 25, 2000

Newly released preliminary government figures covering steel imports for the month of January show that steel imports decreased 4 percent from December 1999 levels.

Total Steel Mill Products

The preliminary data released today show that overall steel imports in January 2000 fell 4 percent compared to December 1999. Imports of finished steel products fell further, down 7 percent compared to December1999 levels. Steel imports in January 2000 were up roughly 9 percent compared to January 1999 due to increases in imports of semifinished steel which were up 111 percent compared to January 1999. In contrast, imports of finished steel in January 2000 were down 9 percent compared to January 1999.

Hot-Rolled Steel

January 2000 imports of hot-rolled steel, which were the subject of recently completed antidumping and countervailing duty cases, fell 19 percent compared to December 1999. January 2000 imports of hot-rolled steel are up 12 percent compared to January 1999 and 7 percent compared to January 1998.

Cold-Rolled Steel

January 2000 imports of cold-rolled steel, the subject of 13 ongoing antidumping and countervailing duty cases, fell 34 percent compared to December 1999. January 2000 imports of cold-rolled steel are down 51 percent compared to January 1999 and 35 percent compared to January 1998.

Cut-to-Length Plate

January 2000 imports of cut-to-length plate, the subject of 11 ongoing antidumping and countervailing duty cases, rose 2 percent compared to December 1999. January 2000 imports of cut-to-length plate are down 52 percent compared to January 1999 and up 4 percent compared to January 1998.

Wire Rod

January 2000 imports of wire rod, the subject of a recently completed section 201 proceeding, fell 6 percent compared to December 1999. January 2000 imports of wire rod are up 5 percent compared to January 1999 and down 11 percent compared to January 1998.

Heavy Structurals

January 2000 imports of heavy structurals fell 10 percent compared to December 1999. January 2000 imports of heavy structurals are down 46 percent compared to January 1999 and at the same level as January 1998 imports. These products are the subject of current antidumping and countervailing duty investigations.

Semifinished Steel

January 2000 imports of semifinished steel increased 5 percent compared to December 1999. January 2000 imports of semifinished steel are up 111 percent compared to January 1999 and 82 percent compared to January 1998.

These figures are being provided on an expedited basis and will continue to be released on this schedule each month, consistent with the President's steel action program of August 5, 1999. The data released today are preliminary and are likely to change somewhat between now and the release of the final January statistics next month. February preliminary figures will be released on March 23, 2000.

Note: With November 1999's release, 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 grand totals for these product categories were not affected. This revisions have been incorporated into this fact sheet and the accompanying data tables.

Detailed reports containing the 1998 and January to June 1999 revisions are available on the Census Bureau web site.

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