(Washington, D.C., December 17, 2012) – The Specialty Steel Industry of North America (“SSINA”) has released statistical data on imports, U.S. consumption, and import penetration for YTD September 2012. The data represents U.S. consumption, imports, and import penetration for September 2012 compared to the same 2011 nine 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 September 2012 were 353,651 tons, a 12.9% increase compared to YTD September 2011; U.S. consumption was 1,294,275 tons, a 6.8% increase; nine month import penetration was 27.3%, a 1.4 percentage point increase from 2011.
Ø Stainless steel plate: Imports in YTD September 2012 were 174,243 tons, a 34.3% increase compared to YTD September 2011; U.S. consumption was 337,931 tons, a 24.9% increase; nine month import penetration was 51.6%, an 3.7 percentage point increase from 2011.
Ø Stainless steel bar: Imports in YTD September 2012 were 113,048 tons, a 5.0% increase compared to YTD September 2011; U.S. consumption was 199,090 tons, a 0.3% increase; nine month import penetration was 56.8%, a 2.6 percentage point increase from 2011.
Ø Stainless steel rod: Imports in YTD September 2012 were 24,135 tons, a 15.0% increase compared to YTD September 2011; U.S. consumption was 56,880 tons, a 1.6% decrease; nine month import penetration was 42.4%, a 4.9 percentage point increase from 2011.
Ø Stainless steel wire: Imports in YTD September 2012 were 37,237 tons, a 5.8% increase compared to YTD September 2011; U.S. consumption was 45,748 tons, a 0.5% decrease; nine month import penetration was 81.4%, a 4.9 percentage point increase from 2011.
Imports of total stainless steel (comprising the foregoing product lines) in YTD September 2012 were 702,315 tons, a 15.7% increase compared to YTD September 2011; U.S. consumption was 1,933,924 tons, a 8.5% increase; nine month import penetration was 36.3%, a 2.3 percentage point increase from 2011.
Ø Alloy tool steel: Imports in YTD September 2012 were 100,982 tons, a 23.6% increase compared to YTD September 2011; U.S. consumption and import penetration were not calculable.
Ø Electrical steel: Imports in YTD September 2012 were 90,364 tons, a 6.9% increase compared to YTD September 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 September 2012 were 893,661 tons, a 15.6% increase compared to YTD September 2011; U.S. consumption and import penetration were not calculable.
For additional data on imports, U.S. consumption and import penetration for 2012 and 2011 please refer to the attached chart.
About Specialty Steel Industry of North America
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; Outokumpu Stainless, Inc., Schaumburg, IL; Latrobe Specialty Steel Company, Latrobe, PA; Universal Stainless and Alloy Products, Bridgeville, PA; and Valbruna Slater Stainless Inc., Fort Wayne, IN.