SSINA: U.S. Specialty Steel Imports Up 12.3% in January 2013
04/15/2013 - The Specialty Steel Industry of North America (SSINA) has released statistical data on imports, U.S. consumption, and import penetration for January 2013.
The Specialty Steel Industry of North America (SSINA) has released statistical data on imports, U.S. consumption, and import penetration for January 2013. The data represents U.S. consumption, imports, and import penetration for January 2013 compared to the same 2012 one month period.
“We believe the significant increases in imports of stainless steel sheet and strip and stainless steel plate in January were attributable, in part, to imports of feedstock for the Calvert, Ala., operations of Outokumpu,” said Skip Hartquist, counsel for SSINA.
The following data is presented by specialty steel product line, total stainless steel, and total specialty steel:
· Stainless steel sheet/strip: Imports in January 2013 were 44,557 tons, a 57.9% increase compared to January 2012; U.S. consumption was 144,902 tons, a 3.8% increase; one month import penetration was 30.7%, a 10.5 percentage point increase from 2012.
· Stainless steel plate: Imports in January 2013 were 31,238 tons, a 39.1% increase compared to January 2012; U.S. consumption was 47,976 tons, a 14.1% increase; one month import penetration was 65.1%, an 11.7 percentage point increase from 2012.
· Stainless steel bar: Imports in January 2013 were 10,171 tons, a 24.6% decrease compared to January 2012; U.S. consumption was 19,580 tons, a 17.0% decrease; one month import penetration was 51.9%, a 5.3 percentage point decrease from 2012.
· Stainless steel rod: Imports in January 2013 were 2,856 tons, a 33.3% increase compared to January 2012; U.S. consumption was 6,531 tons, a 27.6% increase; one month import penetration was 43.7%, a 1.8 percentage point increase from 2012.
· Stainless steel wire: Imports in January 2013 were 4,483 tons, a 17.5% increase compared to January 2012; U.S. consumption was 5,663 tons, a 12.8% increase; one month import penetration was 79.2%, a 3.2 percentage point increase from 2012.
Imports of total stainless steel (comprising the foregoing product lines) in January 2013 were 93,304 tons, a 33.1% increase compared to January 2012; U.S. consumption was 224,651 tons, a 4.3% increase; one month import penetration was 41.5%, a 8.9 percentage point increase from 2012.
· Alloy tool steel: Imports in January 2013 were 6,480 tons, a 53.0% decrease compared to January 2012; U.S. consumption and import penetration were not calculable.
· Electrical steel: Imports in January 2013 were 6,130 tons, a 41.2% decrease compared to January 2012; U.S. consumption and import penetration were not calculable.
Imports of total specialty steel (comprising stainless steel, alloy tool steel and electrical steel) in January 2013 were 105,913 tons, a 12.3% increase compared to January 2012; U.S. consumption and import penetration were not calculable.
The Specialty Steel Industry of North America (SSINA) is a Washington, D.C.-based trade association representing virtually all continental specialty metals producers, which include high technology, high value stainless and other specialty alloy products.
