Home > News > steel news > February 2017 US steel imports continue to rise

NEWS

February 2017 US steel imports continue to rise
2017-03-31 16:02:52

 February 2017 US steel imports continue to rise

 

US Department of Commerce released data show that in February 2017 US steel imports of 260.6 million tons, an increase of 17.9%, the chain fell 4.6%, for four consecutive months to maintain year on year growth.

 

According to the varieties, compared with February 2016, semi-finished timber imports soared 381.6%, but long and flat materials were down 11.8% and 11.6%. Among them, the steel pipe, cold rolled, galvanized sheet showed year on year growth, or 41%, respectively, 30.8% and 8.4%, while the wire, rebar, hot rolled and plate is down year on year decline in the hot and Thick plate, respectively 53.5% and 40.6%. Compared with January 2017, imports of semi-finished products increased by 32.4%, but long and flat materials were down 19.5% and 18.2%. Only steel and wire rod imports increased by 11.2% and 11.3%, rebar, hot rolled, cold rolled, galvanized sheet and plate imports fell, down 11.2% -29.4%.

 

From the main source countries and regions of imports, imports from the EU, China, Korea and Turkey fell by about 5.5% to 30.4% compared with February 2016, while imports from other regions increased from Central and South America And the Russian region's imports grew particularly significantly, at 157.3% and 237.2% respectively. Compared with January 2017, imports from other regions, in addition to imports from Central and South America, Russia and India, fell by 4.3% to 36%, while in the top of India, it was 80%.

 

In addition, in February 2017 the United States imported 55,000 tons of steel from China, continued to fall sharply, down 25.9% year on year, down 14.4%.

 

The latest statistics show that as of March 24, 2017, March 2017, the US steel import license number of 260.6 million tons, year on year and the chain have increased.