Steel Imports Down 14 Percent Compared to 1998
preliminary government figures covering steel imports show that
1999 steel imports decreased 14 percent compared to 1998. The same
figures show that December 1999 imports increased approximately
2 percent compared to November 1999.
Steel Mill Products
remain significantly below last year's surge levels. The preliminary
data released today show that overall steel imports in 1999 were
14 percent below 1998 import levels and 14 percent above 1997. Imports
of finished steel products fell further, down 22 percent compared
to 1998 levels and up 9 percent compared to 1997. Steel imports
in December 1999 increased 2 percent compared to November 1999 primarily
due to increases in imports of semifinished steel, wire rods and
of hot-rolled steel, which were the subject of recently completed
antidumping and countervailing duty cases, are down 43 percent compared
to 1998, and 1 percent compared to 1997. 1999 imports from the three
investigated countries (Japan, Russia and Brazil) down 98 percent
compared to 1998. December imports of hot-rolled steel decreased
4 percent compared to November.
of cold-rolled steel, the subject of 13 ongoing antidumping and
countervailing duty cases, are down 15 percent compared to 1998
and 7 percent compared to 1997. December imports of cold-rolled
steel decreased 1 percent compared to November and are down 44 percent
compared to December 1998.
of cut-to-length plate, the subject of 11 ongoing antidumping and
countervailing duty cases, are down almost 57 percent compared to
1998 and 34 percent compared to 1997. December 1999 imports of these
products decreased 1 percent compared to November and are down approximately
59 percent from December 1998.
of wire rod are up approximately 17 percent compared to 1998 and
24 percent compared to 1997. December imports of wire rod increased
19 percent compared to November. December imports of these products
are up 8 percent compared to December 1998 and 68 percent compared
to December 1997. These products are the subject of an ongoing section
of heavy structurals are down 49 percent compared to 1998 but up
37 percent compared to 1997. December imports of heavy structurals
increased 79 percent compared to November but are down 36 percent
compared to December 1998. These products are the subject of current
antidumping and countervailing duty investigations.
of semifinished steel are up 26 percent compared to 1998 and 34
percent compared to 1997. Overall imports of semifinished steel
in December 1999 increased 23 percent compared to November. December
1999 imports of these products are up 81 percent compared to December
1998 and 101 percent compared to December 1997.
are being provided on an expedited basis and will continue to be
released on this schedule each month, consistent with the President's
steel action program of August 5, 1999. The data released today
are preliminary and are likely to change somewhat between now and
the release of the final December statistics next month. January
preliminary figures will be released on February 25, 2000.
November's release, Census issued revisions to certain country totals
within product categories for 1998 and the first six months of 1999.
Only individual country totals within certain product categories
were affected by these revisions, the grand totals for these product
categories were not affected. This revisions have been incorporated
into this fact sheet and the accompanying data tables.
containing the 1998 and January to June 1999 revisions are available
on the Census Bureau web site (www.census.gov/foreign-trade).