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Steel imports up 21% YTD           country goods (up 250%), standard pipe   (AISI) reported that steel  import  per-
         over same period in 2016           (up 47%), line pipe (up 42%), sheets   mit applications for the month of Au-
         Finished Import Market Share       and strip all other metallic coatings (up   gust totaled 3,572,000 net tons (NT)*.
         YTD at 28%                         33%), mechanical tubing (up 32%), cold   This was a 0.7% increase  from the
           Based on  preliminary  Census  Bu-  rolled sheets (up 31%), sheets and strip   3,549,000 permit tons recorded in July
         reau  data, the  American  Iron  and   hot dipped galvanized (up 25%) and hot   and a 2.9% increase from the July pre-
         Steel Institute (AISI)  reported that   rolled bars (up 19%).         liminary imports total of 3,472,000 NT.
         the U.S. imported a total of 3,349,000   In August, the largest volumes of fin-  Import  permit  tonnage  for  finished
         net tons (NT) of steel in August 2017,   ished steel imports from offshore were   steel in  August was  2,646,000, down
         including  2,422,000 net tons (NT) of   from South Korea (351,000 NT, up 3%   7.7% from the preliminary imports to-
         finished  steel  (down  4.8%  and  16.8%,   from  July  final),  Japan  (128,000  NT,   tal  of  2,868,000  in  July.  For  the  first
         respectively, vs. July final data). Year-  down  7%),  Taiwan  (121,000  NT,  up   eight months of 2017 (including August
         to-date (YTD) through eight months of   1%), Turkey (101,000 NT, down 61%)   SIMA permits and July preliminary
         2017,  total  and  finished  steel  imports   and Germany (99,000 NT, down 33%).   data), total and finished steel imports
         are 26,561,000 and 20,401,000 net tons   For the first eight months of 2017, the   were  26,740,000 NT  and  20,584,000
         (NT), up 20.6% and 15.5%, respective-  largest offshore suppliers were South   NT, up 21.4% and 16.5%, respectively,
         ly, vs. the same period in 2016. Annu-  Korea (2,620,000 NT, down 3% vs. the   from the same period in 2016. The es-
         alized total and finished steel imports   same period in 2016), Turkey (1,827,000   timated  finished  steel  import  market
         in 2017 would be 39.8 and 30.6 million   NT, up 8%), Japan (1,065,000 NT, down   share in August was 27% and is 28%
         NT, up 20.7% and 16.2%, respectively,   17%), Taiwan (906,000 NT, up 39%) and   year-to-date (YTD).
         vs. 2016. Finished steel import market   Germany (849,000 NT, up 2%).   Finished steel imports with large in-
         share was an estimated 26% in August                                  creases in August permits vs. the July
         and is estimated at 28% YTD.       AISI releases August SIMA          preliminary  included  structural  pipe
           Key finished steel products with sig-  imports data; Import market   and tube (up 54%), tin plate (up 25%)
         nificant  import  increases  in  August  share 27 percent in August   and wire  drawn (up 18%). Products
         compared  to July include wire drawn   Based on  the Commerce Depart-  with significant year-to date (YTD) in-
         (up  8%).  Major  products  with  signifi-  ment’s most recent Steel Import Moni-  creases vs. the same period in 2016 in-
         cant year-to-date  (YTD) increases  vs.   toring and Analysis (SIMA) data, the   clude oil country goods (up 257%), stan-
         the same period in 2016  include oil   American Iron and Steel Institute   dard pipe (up 47%), line pipe (up 45%),
                                                                               sheets and strip all other metallic
                                                                               coatings (up 34%), mechanical  tubing
                                                                               (up 33%), cold rolled sheets (up 31%),
                                                                               sheets and strip hot dipped galvanized
                                                                               (up 25%) and hot rolled bars (up 23%).
                                                                                 In August, the largest finished steel
                                                                               import  permit  applications  for  off-
                                                                               shore countries were for South Ko-
                                                                               rea (418,000 NT, up 24% from July
                                                                               preliminary), Germany (141,000 NT,
                                                                               down 5%), Turkey (132,000 NT, down
                                                                               48%), Taiwan (115,000 NT, down
                                                                               4%)  and Japan (107,000  NT,  down
                                                                               22%). Through the first eight months
                                                                               of  2017,  the  largest  offshore  suppli-
                                                                               ers were South Korea (2,683,000 NT,
                                                                               down 1% from the same period in
                                                                               2016), Turkey (1,855,000 NT, up 9%)
                                                                               and Japan (1,044,000 NT, down 18%).
                                                                               July steel shipments up 1.7
                                                                               percent from previous year
                                                                                 The American  Iron and Steel In-
                                                                               stitute (AISI) reported that for the
                                                                               month of July 2017,  U.S. steel mills
                                                                               shipped 7,480,241 net tons, a 3.3 per-
                                                                               cent decrease from the 7,736,846  net
                                                                               tons shipped in  the previous  month,
                                                                               June 2017, and a 1.7 percent increase
                                                                               from the 7,352,698  net tons shipped
                                                                               in  July 2016. Shipments year-to-date
                                                                               in 2017 are 52,939,327 net tons, a 2.8
                                                                               percent increase vs. 2016 shipments of
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         32     Wire Rope News & Sling Technology   October 2017
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