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For Immediate Release: March 25, 2008

February Monthly Steel Fact Sheet

The preliminary data released today show that overall steel imports in February 2008 decreased 8 percent from January 2008.  The change in February’s total amount of steel imports was due to an decrease in some goods, including galvanized sheets and strip (-24%) and oil country goods (-31%). There was an increase in most stainless products except stainless pipe and tube (-20.5%). February 2008 imports of steel mill products were down 8 percent compared to February 2007.

 

Preliminary Census Steel Import Statistic Comparisons

Product 

Feb-07

Jan-08

Feb-08

% Change

% Change

 

Jan 08 - Feb 08

Feb 07 - Feb 08

All Steel Mill Products

2,417,889

2,419,196

2,229,824

-7.83%

-7.78%

 

 

All Carbon and Alloy Products

2,325,327

2,336,651

2,144,220

-8.24%

-7.79%

Blooms, Billets and Slabs -- C & A

455,875

408,530

489,987

19.94%

7.48%

Sheets Hot Rolled -- C & A

180,085

219,120

225,498

2.91%

25.22%

Sheets & Strip Galv Hot Dipped -- C & A

162,474

135,159

102,629

-24.07%

-36.83%

Sheets Cold Rolled -- C & A

139,783

99,127

89,885

-9.32%

-35.70%

Bars-Reinforcing -- C & A

161,489

115,313

108,264

-6.11%

-32.96%

Wire Rods -- C & A

96,057

87,139

69,909

-19.77%

-27.22%

Line Pipe -- C & A

190,426

277,392

259,652

-6.40%

36.35%

Oil Country Goods -- C & A

143,755

193,894

133,794

-31.00%

-6.93%

Plates in Coils -- C & A

71,105

71,144

57,145

-19.68%

-19.63%

Standard Pipe -- C & A

75,942

73,853

60,514

-18.06%

-20.32%

 

 

All Stainless Products

92,562

82,544

85,604

3.71%

-7.52%

Sheets Cold Rolled -- S

26,734

31,398

32,966

4.99%

23.31%

Stainless Pipe & Tubing -- S

13,071

10,858

8,635

-20.47%

-33.94%

Blooms, Billets and Slabs -- S

9,897

8,757

10,948

25.02%

10.62%

 **February figures are PRELIMINARY; final February figures to be released 4/10/08.

*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