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For Immediate Release: February 26, 2008

January Monthly Steel Fact Sheet

The preliminary data released today show that overall steel imports in January 2008 increased 33 percent from December 2007. The change in January’s total amount of steel imports was due to an increase in all goods, especially rebar; which increased 131.5%, from December to January. There was an increase across all carbon and alloy and stainless products. January 2008 imports of steel mill products were down 10 percent compared to January 2007.

Preliminary Census Steel Import Statistic Comparisons

Product 

Jan-07

Dec-07

Jan-08

% Change

% Change

 

Dec 07- Jan 08

Jan 07 - Jan 08

All Steel Mill Products

2,675,336

1,817,588

2,411,360

32.67%

-9.87%

 

 

All Carbon and Alloy Products

2,582,750

1,744,173

2,329,898

33.58%

-9.79%

Blooms, Billets and Slabs -- C & A

482,649

348,474

407,602

16.97%

-15.55%

Sheets Hot Rolled -- C & A

228,721

175,386

219,120

24.94%

-4.20%

Sheets & Strip Galv Hot Dipped -- C & A

170,116

85,992

135,159

57.18%

-20.55%

Sheets Cold Rolled -- C & A

166,212

75,028

99,085

32.06%

-40.39%

Bars-Reinforcing -- C & A

152,345

49,804

115,313

131.53%

-24.31%

Wire Rods -- C & A

186,127

63,973

87,139

36.21%

-53.18%

Line Pipe -- C & A

135,934

196,646

277,315

41.02%

104.01%

Oil Country Goods -- C & A

167,566

90,800

193,612

113.23%

15.54%

Plates in Coils -- C & A

94,996

67,680

71,144

5.12%

-25.11%

Standard Pipe -- C & A

108,152

66,899

73,853

10.39%

-31.71%

 

 

All Stainless Products

92,586

73,415

81,462

10.96%

-12.01%

Sheets Cold Rolled -- S

30,979

24,426

31,398

28.54%

1.35%

Stainless Pipe & Tubing -- S

16,778

9,495

10,858

14.35%

-35.28%

Blooms, Billets and Slabs -- S

8,487

7,923

8,757

10.53%

3.18%

  **January figures are PRELIMINARY; final January figures to be released 3/11/08.

*All numbers represent quantity in metric tons

* Please see the SIMA website for further data and graphs: http://enforcement.trade.gov/steel/license/index.html