SSINA Releases Market Data For June 2011

News provided by

Specialty Steel Industry of North America

Sep 09, 2011, 06:35 ET

WASHINGTON, Sept. 9, 2011 /PRNewswire-USNewswire/ -- The Specialty Steel Industry of North America ("SSINA") has released statistical data on imports, U.S. consumption, and import penetration for YTD June 2011. The data represents U.S. consumption, imports, and import penetration for June 2011 compared to the same 2010 six month period.

The following data is presented by specialty steel product line, total stainless steel, and total specialty steel:

Stainless steel sheet/strip: Imports in YTD June 2011 were 210,847 tons, a 20.7% increase compared to YTD June 2010; U.S. consumption was 836,401 tons, a 32.5% increase; six month import penetration was 25.2%, a 2.5 percentage point decrease from 2010.
Stainless steel plate: Imports in YTD June 2011 were 82,958 tons, a 136.0% increase compared to YTD June 2010; U.S. consumption was 175,428 tons, a 53.9% increase; six month import penetration was 47.3%, an 16.5 percentage point increase from 2010.
Stainless steel bar: Imports in YTD June 2011 were 73,149 tons, a 49.3% increase compared to YTD June 2010; U.S. consumption was 137,268 tons, a 34.6% increase; six month import penetration was 53.3%, a 5.2 percentage point increase from 2010.
Stainless steel rod: Imports in YTD June 2011 were 15,509 tons, a 32.8% increase compared to YTD June 2010; U.S. consumption was 41,613 tons, a 36.5% increase; six month import penetration was 37.3%, a 1.0 percentage point decrease from 2010.
Stainless steel wire: Imports in YTD June 2011 were 23,806 tons, a 11.9% increase compared to YTD June 2010; U.S. consumption was 28,496 tons, a 1.5% increase; six month import penetration was 83.5%, a 7.7 percentage point increase from 2010.

Imports of total stainless steel (comprising the foregoing product lines) in YTD June 2011 were 406,269 tons, a 39.2% increase compared to YTD June 2010; U.S. consumption was 1,219,207 tons, a 34.6% increase; six month import penetration was 33.3%, a 1.1 percentage point increase from 2010.

Alloy tool steel: Imports in YTD June 2011 were 53,055 tons, a 52.4% increase compared to YTD June 2010; U.S. consumption and import penetration were not calculable.
Electrical steel: Imports in YTD June 2011 were 55,031 tons, a 21.7% increase compared to YTD June 2010; U.S. consumption was 86,932 tons, a 17.0% decrease from YTD June 2010; six month import penetration was 63.3%, a 20.1 percentage point increase from 2010.

Imports of total specialty steel (comprising stainless steel, alloy tool steel and electrical steel) in YTD June 2011 were 514,354 tons, a 38.3% increase compared to YTD June 2010; U.S. consumption was 1,335,577 tons, a 29.4% increase; six month import penetration was 38.5%, a 2.5 percentage point increase from 2010.

For additional data on imports, U.S. consumption and import penetration for 2011 and 2010 please refer to the attached chart.

About Specialty Steel Industry of North America

Specialty Steel Industry of North America (SSINA) is a Washington, D.C.-based trade association representing virtually all continental specialty metals producers, which include high technology, high value stainless and other specialty alloy products.

SSINA member companies include: ATI Allegheny Ludlum, Pittsburgh, PA and ATI Allvac, Monroe, NC (both Allegheny Technologies companies); Carpenter Technology Corporation, Reading, PA; Crucible Industries, Solvay, NY; Electralloy, Oil City, PA; North American Stainless, Ghent, KY; Outokumpu Stainless, Inc., Schaumburg, IL; Latrobe Specialty Steel Company, Latrobe, PA; Universal Stainless and Alloy Products, Bridgeville, PA; and Valbruna Slater Stainless Inc., Fort Wayne, IN.

U.S. Imports, Consumption and Market Penetration Data
For Specialty Steel Product Lines
2011/2010/2009 *(in short tons)*

	IMPORTS			U.S. CONSUMPTION			Six Month Import Penetration
Specialty Steel Product Lines	MONTH JUNE 2011	YTD JUNE 2011	Increase/ Decrease YTD 2011-10	MONTH JUNE 2011	YTD JUNE 2011	Increase/ Decrease YTD 2011-10	YTD JUNE 2011	YTD JUNE 2010
Stainless Sheet/Strip	37,465	210,847	20.7%	119,173	836,401	32.5%	25.2%	27.7%
Stainless Plate	14,150	82,958	136.0%	27,608	175,428	53.9%	47.3%	30.8%
Stainless Bar	12,566	73,149	49.3%	23,234	137,268	34.6%	53.3%	48.1%
Stainless Rod	2,628	15,509	32.8%	7,397	41,613	36.5%	37.3%	38.3%
Stainless Wire 1/	3,872	23,806	11.9%	4,713	28,496	1.5%	83.5%	75.8%
Total Stainless Steel (Sheet, Strip, Plate, Bar, Rod & Wire)	70,681	406,269	39.2%	182,124	1,219,207	34.6%	33.3%	32.2%
Alloy Tool Steel 2/	8,258	53,055	52.4%	NC	NC	NC	NC	NC
Electrical Steel	7,800	55,031	21.7%	22,438	86,932	-17.0%	63.3%	43.2%
Total Specialty	86,739	514,354	38.3%	208,603	1,335,577	29.4%	38.5%	36.0%

2010 AND 2009 STATISTICAL DATA IN TONS AS FOLLOWS:

	IMPORTS		U.S. CONSUMPTION		Twelve Month Import Penetration
Specialty Steel Product Lines	2010	Increase/ Decrease 2010 vs. 2009	2010	Increase/ Decrease 10 vs. 09	2010	2009
Stainless Sheet/Strip	387,564	76.4%	1,250,105	29.6%	31.0%	22.8%
Stainless Plate	97,414	92.1%	258,881	44.0%	37.6%	28.2%
Stainless Bar	108,621	46.4%	218,319	48.9%	49.8%	50.6%
Stainless Rod	24,306	68.4%	65,391	78.0%	37.2%	39.3%
Stainless Wire	44,790	41.0%	57,587	36.2%	77.8%	75.2%
Total Stainless Steel (Sheet, Strip, Plate, Bar, Rod & Wire)	662,695	69.6%	1,850,283	35.0%	35.8%	28.5%
Alloy Tool Steel 2/	85,046	125.9%	NC	NC	NC	NC
Electrical Steel	94,314	43.7%	196,549	-1.0%	48.0%	33.1%
Total Specialty	842,055	70.4%	2,100,227	31.9%	40.1%	31.0%

NOTE: Changes in import penetration are percentage point changes.

1/ Monthly and year-to-date 2011 shipments of wire are estimated based on January - June 2010 data.
2/ Shipments of Alloy Tool Steel unavailable; hence consumption and import penetration not calculable.

NC = Not calculable.

*Prepared by Georgetown Economic Services for the Specialty Steel Industry of North America*