The Specialty Steel Industry of North America has released the latest available statistical data on imports, US consumption and import penetration for January to April 2007 as compared to January to April 2006.
Imports of total specialty steel comprising stainless steel, alloy tool steel and electrical steel in YTD April 2007 were 332,465 tons up by a 14% increase compared to YTD April 2006; US consumption was 984,252 tons up by 1% while four month import penetration was 34%, a four percentage point increase.
Alloy tool steel
Imports in YTD April 2007 were 37,238 increased by 7% YoY as compared to YTD April 2006 while US consumption and import penetration were not calculable.
Electrical steel:
Imports in YTD April 2007 were 36,189 tons, a 100% increase compared to YTD April 2006; US consumption was 147,138 tons, an 11% increase; four-month import penetration was 25%, an eleven percentage point increase.
Stainless Steel
Imports of total stainless steel in YTD April 2007 were 259,037 tons, an 8% increase compared to YTD April 2006; U.S. consumption was 806,585 tons, a 1% decrease; four-month import penetration was 32%, a three percentage point increase.
| Item | Import | Change | Consmp | Change | Penetr | Change |
| Sheet & Strips | 143,686 | 7% | 537,946 | 10% | 27% | 1% |
| Plate | 45,096 | 85% | 130,875 | 32% | 34% | 9% |
| Bar | 43,345 | 24% | 84,295 | 17% | 51% | 3% |
| Rod | 11,489 | 9% | 24,632 | 11% | 47%. | 47% |
| Wire | 15,422 | 28,837 | 2% | 53% | 2% | |
In tons
Source SSINA
SSINA is a Washington DC based trade association representing virtually all continental specialty metals producers. Its member companies are AK Steel Corporation, ATI Allegheny Ludlum Corporation and ATI Allvac, Carpenter Technology Corporation, Crucible Specialty Metals, Electralloy, Haynes International Inc, ThyssenKrupp Mexinox SA de CV, North American Stainless, Outokumpu Stainless Inc, Precision Rolled Products Inc, Latrobe Specialty Steel Company, Universal Stainless and Alloy Products and Valbruna Slater Stainless Inc.
