Page 32 - Wire Rope News & Sling Technology - August 2018

Steel Imports Down 16%
Between May and June
Finished Import Market Share
YTD at 25%
Based on preliminary Census Bu-
reau data, the American Iron and Steel
Institute (AISI) reported today that
the U.S. imported a total of 2,480,000
net tons (NT) of steel in June 2018,
including 1,843,000 net tons (NT) of
finished steel (down 15.5% and 24.6%,
respectively, vs. May final data). Year-
to-date (YTD) through six months of
2018, total and finished steel imports
are 17,869,000 and 13,999,000 net tons
(NT), down 9.3% and 7.1%, respective-
ly, vs. the same period in 2017. Annu-
alized total and finished steel imports
in 2018 would be 35.7 and 28.0 million
NT, down 6.3% and 5.3%, respectively,
vs. 2017. Finished steel import mar-
ket share was an estimated 22% in
June and is estimated at 25% YTD.
A key finished steel product with a
significant import increase in June com-
pared to May was sheets and strip all
other metallic coatings (up 11%). Major
products with significant year-to-date
(YTD) increases vs. the same period in
2017 include hot rolled sheets (up 24%),
plates in coils (up 21%), line pipe (up
14%) and mechanical tubing (up 11%). Charts courtesy of AISI. For more news about steel and its applications, go to their website at www.steel.org
In June, the largest volumes of fin-
ished steel imports from offshore were tion and the Commentary. The design doc/steel/store/20180420-Major-
from South Korea (208,000 NT, up 89% manual consists of two volumes and is Changes-in-AISI-D100.pdf
from May final), Japan (129,000 NT, up available for purchase as a set at AISI’s AISI’s codes and standards work
7%), Vietnam (120,000 NT, up 61%), online Steel Store at https://shop.steel. is conducted under the Construction
Germany (111,000 NT, down 21%) and org/c/41/manuals-and-design-guides. Market Council of the Steel Market
Taiwan (93,000 NT, up 20%). For the The Cold-Formed Steel Design Man- Development Institute (SMDI), which
first six months of 2018, the largest ual, 2017 Edition is available in both increases and defends the use of steel
offshore suppliers were South Korea printed (AISI D100-17) and electronic by developing innovative materials,
(1,740,000 NT, down 10% vs. the same formats (AISI D100-17E) and includes applications and value-added solu-
period in 2017), Japan (741,000 NT, the following: tions for customers in the automotive,
down 7%), Germany (660,000 NT, up • Volume I covers dimensions and construction and packaging markets.
10%), Turkey (647,000 NT, down 56%) properties, beam design, column de- SMDI investors include: AK Steel Cor-
and Taiwan (560,000 NT, down 16%). sign, connections, supplementary in- poration, Algoma, ArcelorMittal, Nucor
Below are charts on estimated steel formation, and a bibliography of perti- Corporation and SSAB Americas. For
import market share in recent months nent test methods. more information on SMDI’s Construc-
and on finished steel imports from off- • Volume II contains the North Amer- tion Market program, visit www.build-
shore by country. ican Specification for the Design of Cold- usingsteel.org. Follow SMDI Construc-
Reprinted from the American Iron and Formed Steel Structural Members, tion on Twitter @BuildUsingSteel.
Steel Institute, www.steel.org. 2016 Edition and the Commentary. AISI serves as the voice of the North
The design manual was developed American steel industry in the public
AISI Publishes Cold-Formed under the direction of AISI’s Educa- policy arena and advances the case for
Steel Design Manual, 2017 tion Committee. In this edition, new steel in the marketplace as the pre-
Edition design examples have been added to ferred material of choice. AISI also
The American Iron and Steel Institute further illustrate the Direct Strength plays a lead role in the development
(AISI) has published the Cold-Formed Method provisions and newly added and application of new steels and steel-
Steel Design Manual, 2017 Edition, provisions in the Specification. A de- making technology. AISI is comprised
which is to be used in conjunction with tailed list of the added examples and of 21 member companies, including in-
AISI S100-16, North American Speci- other major changes are provided in tegrated and electric furnace steelmak-
fication for the Design of Cold-Formed the online document “Major Changes ers, and approximately 120 associate
Steel Structural Members, 2016 Edi- in D100-17”: www.steel.org/~/media/ continued on page 34

32 Wire Rope News & Sling Technology August 2018