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SSINA releases US specialty steel market data for Q1
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Thursday, 21 Jun 2007
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The Specialty Steel Industry of North America released the latest available statistical data on imports, US consumption and import penetration for January to March 2007 as compared to January to March 2006.

Imports of total specialty steel comprising stainless steel, alloy tool steel and electrical steel in YTD March 2007 were 248,169 tons a 13% increase compared to YTD March 2006. US consumption was 739,703 tons a 1% decrease; three month import penetration was 34% a four percentage point increase.

Alloy tool steel
Imports in YTD March 2007 were 24,761 tons a 5% decrease compared to YTD March 2006; US consumption and import penetration were not calculable.

Electrical steel
Imports in YTD March 2007 were 27,269 tons a 99% increase compared to YTD March 2006. US consumption was 114,714 tons a 15% increase; three-month import penetration was 24%, a ten percentage point increase.

Stainless steel
Imports in YTD March 2007 were 196,139 tons a 9% increase compared to YTD March 2006. US consumption was 605,319 tons, a 4% decrease; three-month import penetration was 32% a three percentage point increase.

ItemImportChangeConsumpChangePenetrChange
Sheet & Strip107,762-8%398,87013%27%2%
Plate35,12090%100,72231%35%11%
Bar32,89728%65,09422%51%3%
Rod8,85511%18,9278%47%2%
Wire11,505-1%21,7052%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.

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