Page 34 - Wire Rope News & Sling Technology

 

 

 

 

 

Page 34 - Wire Rope News & Sling Technology
P. 34

Steel Imports Up 12% from
         Prior Month in April
         Finished Import Market Share
         YTD at 26%
           Based on preliminary Census Bureau
         data, the American  Iron  and Steel In-
         stitute (AISI) reported that the U.S. im-
         ported a total of 3,738,000 net tons (NT)
         of steel in April 2018, including 2,860,000
         net tons (NT) of finished steel (up 12.1%
         and 15.1%, respectively, vs. March final
         data).  Year-to-date  (YTD)  through  four
         months of 2018, total and finished steel
         imports are 12,436,000 and 9,696,000
         net tons (NT), up 1.1% and 2.3%, respec-
         tively, vs. the same period in 2017. An-
         nualized total and finished steel imports
         in 2018 would be 37.3 and 29.1 million
         NT, down 2.1% and 1.6%, respectively,
         vs. 2017. Finished steel import market
         share was an estimated 29% in April and
         is estimated at 26% YTD.
           Key  finished  steel  products  with  sig-
         nificant  import  increases  in  April  com-
         pared  to  March  include  line  pipe  (up
         87%), heavy structural shapes (up 57%),
         tin plate (up 53%), reinforcing bars (up
         47%), hot rolled bars (up 39%), sheets
         and strip hot dipped galvanized (up 24%),
         sheets and strip all other metallic coat-
         ings (up 23%), standard pipe (up 20%),
         cut lengths plates (up 16%), and plates in
         coils (up 11%). Major products with sig-
         nificant year-to-date (YTD) increases vs.   Charts courtesy of AISI. For more news about steel and its applications, go to their website at www.steel.org
         the same period in 2017 include plates in
         coils (up 43%), hot rolled sheets (up 40%),   ing  the  Flexural Strength  and Stiff-  and development leading to improved
         line pipe (up 31%), oil country goods (up   ness of Cold-Formed  Steel Nonstruc-  state-of-the-art solutions  in  steel  for
         25%),  mechanical  tubing  (up  23%)  and   tural Members. The test standard has   the construction market. They are of-
         hot rolled bars (up 12%).          been approved by the American Na-  ten referenced  in  industry acceptance
           In  April,  the  largest  volumes  of  fin-  tional Standards Institute (ANSI) as   criteria, and lead the way in establish-
         ished steel imports from offshore were   the American  National Standard and   ing the performance characteristics of
         from South Korea (472,000 NT, up 49%   is  available for  downloading free  of   unique products and applications.
         from  March  final),  Turkey  (146,000   charge at www.aisistandards.org.   AISI’s codes and standards work
         NT, up 9%), Vietnam (131,000 NT, up   “This test standard was developed by   is conducted under the Construction
         62%), Germany (120,000 NT, up 64%)   AISI’s Committee on Specifications and   Market Council  of the Steel Market
         and Taiwan (115,000 NT, up 46%). For   is  intended  for  adoption  and  use  when   Development Institute (SMDI), a busi-
         the first four months of 2018, the larg-  performance  testing  of  the  cold-formed   ness  unit  of  AISI, which  oversees  the
         est offshore suppliers were South Korea   steel nonstructural member is required,”   industry’s investment in advancing the
         (1,418,000 NT, up 17% vs. the same pe-  said Jay Larson, P.E., F.ASCE, Manag-  competitive use of steel by meeting the
         riod in 2017), Japan (492,000 NT, down   ing Director, Construction Technical Pro-  demands of the marketplace. For more
         6%),  Turkey  (476,000  NT,  down  52%),   gram. “It can be used to determine the   information  on  SMDI’s  Construction
         Germany (409,000 NT, up 21%) and Tai-  nominal  flexural  strength  (resistance)   Market program, visit www.buildus-
         wan (390,000 NT, down 8%). Below are   for both local buckling and distortional   ingsteel.org. Follow SMDI Construc-
         charts on estimated steel import market   buckling failure modes. The test stan-  tion on Twitter @BuildUsingSteel.
         share in recent months and on finished   dard  provides  an  alternative  approach   Reprinted  from the  American  Iron  and
         steel imports from offshore by country.  to evaluating the flexural strength and   Steel Institute, www.steel.org.
                                            stiffness of nonstructural members.”
         AISI Publishes New Test            Larson noted that AISI S919-17 com-  March Steel Shipments Up
         Standard                           pletes AISI’s suite of 2017 Edition stan-  7.9 Percent from March 2017
           The  American  Iron  and Steel  Insti-  dards. Each standard is available for free   The  American  Iron  and Steel  Insti-
         tute (AISI) has  published a new  test   download at www.aisistandards.org.  tute (AISI) reported that for the month
         standard in  its S900-series—AISI    AISI test standards are updated ev-  of March 2018, U.S. steel mills shipped
         S919-17, Test Standard for Determin-  ery  five  years  and  facilitate  research      continued on page 36

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