Recent report from the American Iron and Steel Institute (AISI) shows steel import to be down YTD, with finished steel import market share estimated at 20% for that time period. Source: AISI 1-minute read According to the American Iron and Steel Institute (AISI), August steel imports total 2 million net tons (NT), of which 1.783 million…
Weekly Raw Steel Production Trend Decreases, According to AISI Report
Based on AISI report for the week ending on August 31, 2019, domestic raw steel production has decreased slightly from the same period in 2018. Source: AISI 1-minute read Based on an AISI report for the last week in August 2019, domestic raw steel production was 1.85 million net tons (NT) with a capability utilization rate…
Market Snapshot: Steel Imports Down 11% Year-To-Date
U.S. Census Bureau releases its report on steel imports for July 2019 Source: AISI 1-minute read According to U.S. Census Bureau data, the U.S. imported 3,028,000 net tons (NT) of steel in July 2019, of which 1,843,000 NT are finished steel. This represents an increase of 48.3% and 6.6%, respectively, compared to June 2019 data. When…