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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%

 

 

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%

 

 

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.

 

 

 

 

 

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