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FACT SHEET
STEEL IMPORTS FOR APRIL 2000
INCREASE 13 PERCENT FROM MARCH 2000
May
25, 2000
Newly released preliminary government figures covering steel imports
for the month of April show that steel imports increased 13 percent
from March 2000 levels.
Total Steel Mill Products
The preliminary data released today show that overall steel imports
in April 2000 rose 13 percent compared to March 2000. The increase
in April's imports was driven by a 69 percent increase in imports
of semi-finished steel, which is used by the steel industry to produce
finished steel products. April imports of finished steel remain
unchanged from March levels.
Imports of overall steel mill products during the first four months
of 2000 are up 28 percent compared to the same period in 1999, primarily
due to a 78 percent increase in imports of semifinished steel products.
In comparison, imports of finished steel products during the first
four months of 2000 increased 17 percent compared to the same period
in 1999.
Hot-Rolled Steel
April 2000 imports of hot-rolled
steel, which were the subject of recently completed antidumping
and countervailing duty cases, rose 32 percent compared to March
2000. Imports of these products during the first four months of
2000 are up 69 percent compared to the same period in 1999.
Cold-Rolled Steel
April 2000 imports of cold-rolled
steel, the subject of four ongoing antidumping and countervailing
duty cases, rose 3 percent compared to March 2000. Imports of these
products during the first four months of 2000 are down 25 percent
compared to the same period in 1999. Recently the ITC found that
imports of these products from Argentina, Brazil, Japan, Russia,
South Africa, Thailand, Turkey and Venezuela did not injure the
U.S. industry.
Cut-to-Length Plate
April 2000 imports of cut-to-length
plate, the subject of recently completed antidumping and countervailing
duty cases, rose 22 percent compared to March 2000. Imports of these
products during the first four months of 2000 are down 25 percent
compared to the same period in 1999.
Wire Rod
April 2000 imports of wire rod, the
subject of a recently completed section 201 proceeding, rose 4 percent
compared to March 2000. Imports of these products during the first
four months of 2000 are up 7 percent compared to the same period
in 1999.
Heavy Structurals
April 2000 imports of heavy structurals
fell 23 percent compared to March 2000. Imports of these products
during the first four months of 2000 are down 10 percent compared
to the same period in 1999. These products are the subject of current
antidumping and countervailing duty investigations.
Semifinished Steel
April 2000 imports of semifinished
steel increased 69 percent compared to March 2000. Imports of these
products during the first four months of 2000 are up 78 percent
compared to the same period in 1999. Imports of these products are
used by U.S. steel companies to produce finished products.
These figures are being provided
on an expedited basis and will continue to be released on this schedule
each month, consistent with the President's steel action program
of August 5, 1999. The data released today are preliminary and are
likely to change somewhat between now and the release of the final
April statistics next month. May preliminary figures will be released
on June 22, 2000.
Note: With November 1999's release,
Census issued revisions to certain country totals within product
categories for 1998 and the first six months of 1999. Only individual
country totals within certain product categories were affected by
these revisions, the grand totals for these product categories were
not affected. These revisions have been incorporated into this fact
sheet and the accompanying data tables. Detailed reports containing
the 1998 and January to June 1999 revisions are available on the
Census Bureau web site.
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