US Steel Imports Drop In February

uS. steel imports dropped in February on a monthly comparison basis and were also down vear over vear for the first two months of 2020, according to the latest report released by the American Iron and Steel Institute(AISI).Total and finished domestic steel imports dropped 52.2% and 18.4% from the previous month respectively in February to roughly 1.5 million net tons and 1.34 million net tons respectively, said the AlSIBased on the preliminary data of Census Bureau, total and finished domestic steel imports decreased by 213% and 28 7% YoY respectively in the first two months of 2020. AlSI noted.Finished steel import market share was estimated at 15% in February, down from 17% a month ago. For the first two months of 2020. finished steel import market share was estimated at 16%For 2020, annualized total and finished steel imports are expected to be 27.9 million net tons (flat YOY) and 18 million net tons (down 14.7%), respectively, AlSI saidAccordina to AlsI the hignest offshore suppliers for February were South Korea with 158.000 net tons (down 13% from January). Turkey with 73.000 net tons (up 44%) lapan with 69 000 net tons (down 9%) Germany with 52.000 net tons (up 7%), and Brazil with 37.000 net tons (down 58%).The decline in imports mainly reflects the impact of the 25% tariff on steel imports. The coronavirus pandemic was also a cause of the drop. The AlSl, earlier this month. reported that steel import permit apolications for February dropped 47.5% from January permits. The decline in permits appears to partly reflect the impact ofl the virus qutbreak

Carbon steel pipe is divided into hot rolled and cold rolled two types. 

Hot rolled carbon steel pipe is divided into steel tube, low and medium pressure boiler tube, high pressure boiler tube, alloy steel tube, stainless steel tube, petroleum cracking pipe, geological steel tube and other steel pipe etc. 

Cold-rolled carbon steel pipe in addition to general steel tube, low medium pressure boiler pipe, high pressure boiler tube, alloy steel, stainless steel pipe, oil cracking pipe, steel pipe, other include carbon thin wall steel tube, alloy thin wall steel pipes. Generally greater than 32 mm hot rolled seamless steel tube diameter, wall thickness 2.5 75 mm, to 6 mm cold rolled seamless steel tube diameter, wall thickness to 0.25 mm, to 5 mm thin wall pipe diameter, wall thickness less than 0.25 mm, cold than hot rolled high dimensional accuracy.