WASHINGTON (Scrap Register): Based mostly on preliminary Census Bureau knowledge, the American Iron and Metal Institute (AISI) reported that the U.S. imported a complete of 1,391,000 web tons (NT) of metal in June 2020, together with 1,310,000 web tons (NT) of completed metal (down 23.0% and down 12.7%, respectively, vs. Might ultimate knowledge).
By way of the primary six months of 2020, complete and completed metal imports are 12,387,000 and eight,632,000 web tons (NT), down 20.8% and 26.2%, respectively, vs. the identical interval in 2019.
Annualized complete and completed metal imports in 2020 could be 24.8 and 17.3 million NT, down 11.3% and 18.0%, respectively, vs. 2019.
Completed metal import market share was an estimated 21% in June and is estimated at 19% over the primary six months of 2020.
June in comparison with Might are line pipe (up 30%) and sheets and strip scorching dipped galvanized (up 23%).
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