Preliminary steel imports increase 6 percent in May, import market share at 21 percent

by Jonathan McGaha | 27 July 2011 12:00 am

Based on preliminary Census Bureau data, the American Iron and Steel Institute reports that the U.S. imported a total of 2,692,000 net tons of steel in May, including 1,838,000 NT of finished steel (up 6 and down 5 percent, respectively, from April’s final data). The annualized total and finished steel imports in 2011 would be 28.0 and 21.1 million NT, respectively, up 17 and 12 percent compared to 2010. The finished steel import market share in May was an estimated 21 percent and is also 21 percent year-to-date.

Source URL: https://www.metalconstructionnews.com/news/industry-news/preliminary-steel-imports-increase-6-percent-in-may-import-market-share-at-21-percent/

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