SSINA Releases
Market Data FOR June 2012
(Washington, D.C., September 14,
2012) – The Specialty Steel Industry of North America (“SSINA”) has released
statistical data on imports, U.S. consumption, and import penetration for YTD
June 2012. The data represents U.S. consumption, imports, and import penetration
for YTD June 2012 compared to the same 2011 six month period.
The following data is presented
by specialty steel product line, total stainless steel, and total specialty
steel:
Ø
Stainless steel sheet/strip: Imports in YTD June
2012 were 215,199 tons, a 2.1% increase compared to YTD June 2011; U.S.
consumption was 849,845 tons, a 1.6% increase; six month import penetration was
25.3%, a 0.1 percentage point increase from 2011.
Ø
Stainless steel bar: Imports in YTD June 2012 were
78,831 tons, a 7.8% increase compared to YTD June 2011; U.S. consumption was
139,194 tons, a 1.4% increase; six month import penetration was 56.6%, a 3.3
percentage point increase from 2011.
Ø
Stainless steel rod: Imports in YTD June 2012 were
16,070 tons, a 3.6% increase compared to YTD June 2011; U.S. consumption was
37,185 tons, a 10.6% decrease; six month import penetration was 43.2%, a 5.9
percentage point increase from 2011.
Ø
Stainless steel wire: Imports in YTD June 2012 were
24,225 tons, a 1.8% increase compared to YTD June 2011; U.S. consumption was
29,944 tons, a 3.1% decrease; six month import penetration was 80.9%, a 3.9
percentage point increase from 2011.
Ø
Imports of total stainless steel (comprising the foregoing
product lines) in YTD June 2012 were 453,372 tons, a 11.6% increase
compared to YTD June 2011; U.S. consumption was 1,289,664 tons, a 5.6%
increase; six month import penetration was 35.2%, a 1.9 percentage point
increase from 2011.
Ø
Alloy tool steel: Imports in YTD June 2012 were
66,960 tons, a 26.2% increase compared to YTD June 2011; U.S. consumption and
import penetration were not calculable.
Ø
Electrical steel: Imports in YTD June 2012 were
61,889 tons, a 12.5% increase compared to YTD June 2011; U.S. consumption and
import penetration were not calculable.
Imports of total specialty steel
(comprising stainless steel, alloy tool steel and electrical steel) in YTD June
2012 were 582,221 tons, a 13.2% increase compared to YTD June 2011; U.S.
consumption and import penetration were not calculable.
“Total year-to-date stainless
steel imports are up 11.6% over the same period in 2011,” said Skip Hartquist of
Kelley Drye & Warren LLP, acting as counsel to SSINA. “This is more than
double the 5.6% increase in US consumption. In particular, we are monitoring
the remarkable surge in imports of stainless steel plate, which are up 43.5%
over 2011.”
For additional data on imports,
U.S. consumption and import penetration for 2011 and 2011 please refer to the
attached chart.
Specialty Steel Industry of North
America (SSINA) is a Washington, DC-based trade association representing
virtually all continental specialty metals producers, which include high
technology, high value stainless and other specialty alloy
products.
SSINA member companies include:
ATI Allegheny Ludlum, Pittsburgh, PA and ATI Allvac, Monroe, NC (both Allegheny
Technologies companies); Carpenter Technology Corporation, Reading, PA; Crucible
Industries, Solvay, NY; Electralloy, Oil City, PA; North American Stainless,
Ghent, KY; Universal Stainless and Alloy Products, Bridgeville, PA; and Valbruna
Slater Stainless Inc., Fort Wayne, IN.
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