US based Specialty Steel Industry of North America has released statistical data on imports, US consumption and import penetration for YTD June 2007 as compared to January to June 2006 for
Imports of total specialty steel comprising stainless steel, alloy tool steel and electrical steel in January to June 2007 was 524,773 tons up by 13% YoY, US consumption was 1,473,690 tons down by 4% YoY and import penetration was 36%, a 6% point increase.
Stainless Steel
Imports of total stainless steel during January to June 2007 was 412,463 tons up by 8% YoY, US consumption was 1,202,652 tons down by 6% YoY and import penetration was 34% a 4% point increase.
| Item | Import | Change | Consp | Change | IP | Change |
| Sheet/Strip | 227,443 | -6% | 800,972 | -13% | 28% | -2% |
| Plates | 79,525 | +74% | 201,373 | +22% | 39% | +11% |
| Bars | 65,004 | +18% | 123,813 | +11% | 53% | +4% |
| Rods | 16,796 | +14% | 35,054 | +7% | 48% | +3% |
| Wire | 23,696 | -1% | 41,440 | -4% | 57% | +2% |
Alloy tool steel
Imports of alloy tool steel during January to June 2007 was 52,275 tons reflecting no change as compared to January to June 2006 and US consumption & import penetration are not calculable.
Electrical steel
Imports of Electrical steel during January to June 2007 was 60,035 tons up by 87% YoY, US consumption was 227,930 tons up by 2% YoY and import penetration was 26%, a 12% point increase.
SSINA is a Washington DC based trade association representing virtually all continental specialty metals producers. Specialty metals are high technology, high value stainless and other specialty alloy products. Its member companies are AK Steel Corporation, ATI Allegheny Ludlum Corporation, 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.
