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[Ferro-Alloys.com] The American Iron and Steel Institute (AISI) reported that for the month of October 2020, U.S. steel mills shipped 6,747,709 net tons, a 1.3 percent increase from the 6,662,904 net tons shipped in the previous month, September 2020, and a 14.7 percent decrease from the 7,914,276 net tons shipped in October 2019.  Shipments year-to-date in 2020 are 67,197,068 net tons, a 16.5 percent decrease vs. 2019 shipments of 80,492,022 for ten months.

A comparison of October shipments to the previous month of September shows the following changes: hot dipped galvanized sheet and strip, up 3 percent, cold rolled sheet, up three percent and hot rolled sheet, up two percent.

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of November totaled 1,408,000 net tons (NT)*.  This was a 17.2% decrease from the 1,699,000 permit tons recorded in October and a 6.7% decrease from the October final imports total of 1,509,000.  Import permit tonnage for finished steel in November was 1,267,000, up 1.4% from the final imports total of 1,250,000 in October.  For the first eleven months of 2020 (including November SIMA permits and October final imports), total and finished steel imports were 20,564,000 NT and 14,885,000 NT, down 22.0% and 24.4%, respectively, from the same period in 2019.  The estimated finished steel import market share in November was 18% and is 18% year-to-date (YTD).

Finished steel imports with large increases in November permits vs. the October final imports include tin plate (up 86%), sheets and strip electrolytic galvanized (up 83%), plates in coils (up 49%), reinforcing bars (up 34%), standard pipe (up 23%), sheets and strip all other metallic coatings (up 21%) and light shapes bars (up 21%).  Products with significant year-to date (YTD) increases vs. the same period in 2019 include light shapes bars (up 24%) and tin free steel (up 21%).

Click here for more information: Ferrosilicon Daily Express 12.22

• [Editor:kangmingfei]