US steel imports grew by 18.5%

A The American Iron and Steel Institute (AISI) reported that in June 2021, the United States imported a total of 2.89 million tonnes of steel, including 2.01 million tonnes of rolled steel (an increase of 14, 8% and 8.7% respectively when compared to May final data).

During the first six months of 2021, total steel and finished steel imports will amount to 14.68 million tonnes and 9.99 million tonnes, up 18.5% and 15.6%, respectively, over the same period in 2020. Total imports of steel and finished steel on an annualized basis in 2021 will be 29.4 million tonnes and 20 million tonnes. , which is 33.4% and 23.9%, respectively, more than in 2020. The finished steel import market share was estimated at 21% in June and an estimated 19% in the first six months of 2021.

The main types of finished steel products, imports of which significantly increased in June compared to May, are hot-rolled sheets (up 48%), heavy structural sections (up 38%), refining products (up 35%), line pipes (an increase of 30%). , wire rod (up 21%), cold rolled sheets (up 19%), slitting sheets (up 17%), coiled sheets (up 13%), reinforcing bars (up 12%) and hot rolled steel ( an increase of 11%). %). Products with significant year-to-date growth compared to the same period in 2020: hot rolled sheets (up 63%), sheets in coils (up 41%), cut-to-length sheets (up 35%), sheets and strips, all rest. metal coatings (up 31%), wire rod (up 26%), wire (up 22%), sheet metal (up 18%), hot-rolled bars (up 13%), as well as hot-dip galvanized sheets and strips ( an increase of 12%).

In June, the largest volumes of ready-made imports were from South Korea (274 thousand tons, 45% more than in May), Japan (117 thousand tons, an increase of 22%), Turkey (98 thousand tons, an increase of 46%), Germany (95 thousand tons, a decrease of 2%) and Taiwan (84 thousand tons, an increase of 1%). In the first six months of 2021, the largest offshore suppliers were South Korea (1.33 million tonnes, up 18% over the same period in 2020); Japan (521 thousand tons, an increase of 20%); Turkey (429 thousand tons, an increase of 33%); Germany (410 thousand tons, an increase of 9%); and Taiwan (357 thousand tons, an increase of 7%).

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