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Total Import Volume Of Steels In US Decreased In July, But The Import Volume Of Steel Pipes Rose
Wuxi Qianqiao Strip Steel Co.,Ltd | Updated: Sep 01, 2017

The total import volume of steels in US decreased in July, but the import volume of steel pipes, including oil country tubular goods (OCTG), pipeline pipes and standard pipes were significantly increased.

According to the data of US Commerce Department, total import volume of OCTG was particularly high. Compared with 299,306 tons of imports volume in June, it was increased by 12.5% to 336,851 tons in July, which was the highest level since August of 2015. From the beginning of this year to June,the average monthly import volume of OCTG was 241,737 tons, which was the highest level since 2014.

The accumulated total import volume of OCTG in America was 1,450,000 tons. Compared with 406,488 tons in the same period of 2016, it was a significant increase.

The total import volume of pipeline pipes was 175,775 tons in June. It was increased by 17.1% to 205,836 tons in July. The average monthly import volume of pipeline pipes was 145,313 tons from Jan to Jun, which was the highest level since 2015.

The import volume of standard pipes was 84,597 tons in June. It was increased by 38.3% to 116,991 tons in July. From Jan to Jun, the average monthly import volume of standard pipes was the highest level since 2009. The accumulated total import volume of standard pipes was 550,343 tons from Jan to Jun, which was almost 3/4 of the total import volume of 757,798 tons in 2016, and even higher than total import volume (538,331 tons) of 2009.

But, the total import volume of steel decreased by 11.5% to 3,150,000 tons in July, compared with 3,560,000 tons of June. The sudden fall in import volume of steel was mainly caused by the decline in import volume of semi-finished material (steel billets), rebar and parts of flat steel.

According to the data provided by AISI in Washington, the market share of the volume of imported steel on American market was about 29% in July, while it was 28% from Jan to July this year.  In July 2017, the top three exporters on US steel market were South Korea, Turkey and Germany.

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Wuxi Qianqiao Strip Steel Co.,Ltd

Address: No.8 Huicheng Avenue, Xizhang Village, Qianqiao Town, Wuxi City, Jiangsu, China

Tel: +86-510-83233269

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E-mail: maojing@wuxiacp.com

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