The Specialty Steel Industry of North America has released the latest available statistical data on imports, US consumption and import penetration for January to May 2007 as compared to January to May 2006.
Imports of total specialty steel comprising stainless steel, alloy tool steel and electrical steel in YTD May 2007 were 424,507 tons, a 13% increase compared to YTD May 2006; US consumption was 1,217,026 tons, a 2% decrease; five month import penetration was 35%, a five percentage point increase.
Alloy tool steel
Imports in YTD May 2007 were 45,128 increased by 6% YoY as compared to YTD May 2006 while US consumption and import penetration were not calculable.
Electrical steel
Imports in YTD May 2007 were 47,353 tons, a 98% increase compared to YTD May 2006; US consumption was 147,138 tons, an 11% increase; Five-month import penetration was 26%, a twelve percentage point increase.
Stainless Steel
Imports of total stainless steel in YTD May 2007 were 332,026 tons, a 7% increase compared to YTD May 2006; US consumption was 994,829 tons, a 5% decrease; five-month import penetration was 33%, a three percentage point increase.
| Item | Import | Change | Consump | Change | Penetr | Change |
| Sheet & Strip | 184,435 | 8% | 660,323 | 13% | 28% | 2% |
| Plate | 58,876 | 75% | 162,801 | 26% | 36% | 10% |
| Bar | 54,195 | 22% | 104,593 | 16% | 52% | 3% |
| Rod | 14,487 | 15% | 30,519 | 11% | 47% | 1% |
| Wire | 20,033 | 1% | 36,592 | 1% | 55% | |
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.
