August Monthly Steel Fact Sheet

The preliminary data released today show that overall steel imports in August 2008 decreased 19.3 percent from July 2008 .  The change in August’s total amount of steel imports was due to a decrease in imports for all product categories. The most significant decreases were in blooms, billets and slabs (-42.23%), line pipe (-35.5%) and cold rolled sheet (-26.5%). Stainless imports also decreased by 14.89% overall due to a significant decrease in cold rolled sheet and blooms, billets and slabs. July 2008 imports of steel mill products were down 11.33 percent compared to July 2007.