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For Immediate Release: June 25, 2008
May Monthly Steel Fact Sheet
The preliminary data released today show that overall steel imports in May 2008 decreased 17.71 percent from April 2008. The change in May’s total amount of steel imports was due to a general decrease in most goods, such as reinforcing bars (-68%), wire rods (-55%), and blooms, billets, and slabs (-40%). Galvanized hot dipped sheets and strip increased significantly with an 89% growth. Stainless imports decreased only slightly (-0.53%) resulting from mixed increases and decreases in individual stainless products. May 2008 imports of steel mill products were down 25 percent compared to May 2007.
Preliminary Census Steel Import Statistic Comparisons |
Product |
May-07 |
Apr-08 |
May-08 |
% Change |
% Change |
|
Apr 08 - May 08 |
May 07 - May 08 |
All Steel Mill Products |
2,965,041 |
2,702,525 |
2,223,777 |
-17.71% |
-25.00% |
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All Carbon and Alloy Products |
2,857,351 |
2,611,246 |
2,132,981 |
-18.32% |
-25.35% |
Blooms, Billets and Slabs -- C & A |
387,174 |
670,189 |
401,818 |
-40.04% |
3.78% |
Sheets Hot Rolled -- C & A |
262,872 |
246,790 |
228,220 |
-7.52% |
-13.18% |
Sheets & Strip Galv Hot Dipped -- C & A |
194,115 |
104,324 |
197,516 |
89.33% |
1.75% |
Sheets Cold Rolled -- C & A |
140,652 |
77,235 |
91,750 |
18.79% |
-34.77% |
Bars-Reinforcing -- C & A |
218,161 |
157,383 |
50,737 |
-67.76% |
-76.74% |
Wire Rods -- C & A |
193,184 |
145,798 |
65,643 |
-54.98% |
-66.02% |
Line Pipe -- C & A |
267,472 |
255,591 |
219,235 |
-14.22% |
-18.03% |
Oil Country Goods -- C & A |
173,910 |
171,527 |
205,637 |
19.89% |
18.24% |
Plates in Coils -- C & A |
97,522 |
101,929 |
68,890 |
-32.41% |
-29.36% |
Standard Pipe -- C & A |
141,324 |
92,718 |
70,148 |
-24.34% |
-50.36% |
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All Stainless Products |
107,690 |
91,279 |
90,796 |
-0.53% |
-15.69% |
Sheets Cold Rolled -- S |
32,389 |
35,159 |
31,758 |
-9.67% |
-1.95% |
Stainless Pipe & Tubing -- S |
13,163 |
11,602 |
10,801 |
-6.90% |
-17.94% |
Blooms, Billets and Slabs -- S |
10,028 |
8,671 |
8,327 |
-3.97% |
-16.96% |
**May 2008 figures are PRELIMINARY; final May figures to be released 7/11/08 |
*All numbers represent quantity in metric tons. |
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* Please see the SIMA website for further data and graphs: http://ia.ita.doc.gov/steel/license/index.html
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