NEW YORK U.S.
steel imports slid in September, with oil country tubular goods
(OCTG), cold-rolled sheet and semifinished material all
registering declines, according to preliminary U.S. Census
Steel imports totaled
2.5 million tonnes in September, down 4.1 percent from 2.61
million tonnes in August, although the tally was up 6.1 percent
year on year.
OCTG logged the
largest drop, falling 30.8 percent to 227,062 tonnes in
September from 328,102 tonnes in August. This was primarily a
result of major declines in arrivals from Argentina and India
(down 81.7 percent and 50.4 percent, respectively), offset by
an increase in product from South Korea (up 25.7 percent).
imports fell to 97,308 tonnes in September from 108,316 tonnes
in August as deliveries from South Korea plunged 52.6 percent
to 11,678 tonnes.
semifinished material fell 3.6 percent to 575,112 tonnes on
decreases from Brazil (down 6.4 percent), Russia (off 12.4
percent) and Mexico (down 24.4 percent).
Meanwhile, plate in
coil rose 16.9 percent to 102,489 tonnes in September from
87,684 tonnes in August as arrivals from Germany more than
tripled, and imports of hot-rolled bar spiked 44.4 percent to
161,391 tonnes as material arriving from China quadrupled to