Down another 18% over May

Imports in June were down 18% compared to May 2009 and 69% compared to June 2008. 'Import arrivals in June were at very depressed levels due to weakness in the marketplace during the order period for non-NAFTA arrivals,' said David Phelps, president, AIIS. 'As we move deeper into the summer, we are beginning to see an improvement in import order taking as the inventory draw-down has mostly been completed and US market prices are starting to move up. The AIIS monthly import survey has begun to show some reason for optimism for the steel market and imports in coming months,' concluded Phelps.

Total Steel imports in June 2009 were 850 thousand tons compared to 1.02 million tons in May 2009, a 18% decrease, and a 68.9% decrease compared to June 2008. According to year-to-date figures, imports decreased 46% compared to 2008 or from 16 million tons in 2008 to 8.6 million tons in 2009. The data show that imported semifinished products decreased by 91.5% in June 2009 as compared to June 2008. For the year-to-date period, semifinished imports decreased from 3.3 million tons in 2008 to 566 thousand tons in 2009, an 82.2 % decrease, based on preliminary reporting.

Steel Import Analysis, Preliminary (000s of short tons)

U.S. Steel Imports ' ' ' ' '
'

June 2009

May 2009

Percent Change

'June 2008

Percent Change
TOTAL 849 1,035 -18% 2,730 -68.9%
Japan 58 62 -5.8% 125 -53.3%
EU 172 148 16.2% 413 -58.4%
Canada 283 254 11.5% 672 -57.9%
Brazil 45 18 151.0% 170 -73.4%
Korea 40 118 -66.4% 168 -76.4%
Mexico 122 111 10.2% 260 -53.0%
Russia 2 9 -75.5% 54 -95.9%
China 44 150 -70.6% 369 -88.1%
Australia 1 17 -93.5% 66 -98.3%
South Africa 1 -- -- 6 -81.6%
Indonesia 1 5 -78.0% -- --
Turkey 2 26 -91.5% 35 -93.7%
Ukraine -- 1 -100.0% 199 -100.0%
India 33 28 18.1% 51 -35.2%
Others 43 8

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