AISI Published April SIMA Imports Data

SEATTLE (Scrap Monster): The American Iron and Steel Institute (AISI) published most recent Steel Import Monitoring and Analysis (SIMA) data, which signals substantial decline in steel import permit applications in the month of April this year.

Based on Commerce Department data, the permit applications totalled 2.452 million net tons in April 2021. This is significantly down by approximately 9.9% when matched with 2.722 million net tons permit tons recorded during the prior month. When compared with March 2021 final imports of 2.308 million net tons, the April 2021 steel import permit tonnage was up by 6.3%, AISI data said.

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In April this year, the import permit tonnage for finished steel totalled 1.620 million net tons, down by 9.5% from the final imports total of 1.789 million net tons in March this year.

Heavy structural shapes reported largest increase in April permits over the prior month, surging higher by 62%. The import permits for plates in coils and tool steel were up by 44% and 33% respectively.

In April 2021, the largest finished steel import permit applications for offshore countries were for South Korea. The largest offshore suppliers through the first two months of the current year were South Korea, Japan and Turkey.

The total and finished steel imports during the first four months of the year totalled 9.081 million net tons and 6.083 million net tons respectively. The product to witness highest year-to-date increase over the corresponding period in 2020 was steel piling, which stood higher by 196%.