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)
June 2009 May 2009 'June 2008 The European Union launched an investigation into China’s medical device procurement, as the bloc seeks to address concerns that Beijing’s policies unfairly favor domestic suppliers. Fortescue Ltd., the world’s fourth-biggest iron ore miner, said it expects full-year shipments of the steelmaking material to be at the lower end of its guidance after disruptions at its… New Zealand imports fell to the lowest since mid-2021 in the first quarter as a weak economy stems demand from consumers and businesses. The Office of the United States Trade Representative (USTR) today announced that Katherine White will serve as USTR’s Chief Textiles and Apparel Negotiator. White previously served as International Trade Policy… © Copyright 1999–2024 American Journal of Transportation. All Rights Reserved
U.S. Steel Imports
'
'
'
'
'
'
Percent Change
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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