Steel import permits down 14% in November, import market share at 20%
Based on the U.S. Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Dec. 7 that steel import permit applications for the month of November totaled 1,984,000 net tons (NT). This was a 14 percent decrease from the 2,309,000 permit tons recorded in October and a 9% decrease from the October preliminary imports total of 2,192,000 NT.
Import permit tonnage for finished steel in November was 1,611,000 NT, down 8 percent from the preliminary imports total of 1,754,000 NT in October.
Year-to date (YTD) 2011 total and finished steel import permit tons would annualize at 28,545,000 NT and 21,899,000 NT, up 19 percent and 16 percent, respectively, vs. the 23,929,000 NT and 18,857,000 NT imported in 2010.
The estimated finished steel import market share in November was 20 percent and is 22 percent year-to-date.
From our partners
Sandvik Construction’s extensive range of rock tools are world renowned for combining…
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- California woman killed when gravel truck tips over on her car184 Views
- Northern White Sand considers building a rail unloading facility in Carlsbad162 Views
- Senate rejects amendment seeking to fund infrastructure by closing corporate tax loophole134 Views
- DRIVE Act aims to support Highway Trust Fund by limiting spending to roads and bridges126 Views
- Wisconsin sand hauling company to lay off workers due to decreased frac sand demand124 Views