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Ferrosilicon Daily Express 11.18

  • Friday, November 20, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October totaled 1,643,000 net tons (NT)*.
[Ferro-Alloys.comThe American Iron and Steel Institute (AISI) reported that for the month of September 2020, U.S. steel mills shipped 6,662,904 net tons, a 2.0 percent increase from the 6,532,652 net tons shipped in the previous month, August 2020, and a 14.2 percent decrease from the 7,767,310 net tons shipped in September 2019. Shipments year-to-date in 2020 are 60,449,359 net tons, a 16.7 percent decrease vs. 2019 shipments of 72,577,746 for nine months.

A comparison of September shipments to the previous month of August shows the following changes: hot dipped galvanized sheet and strip, up 2 percent, cold rolled sheet, no change and hot rolled sheet, down 1 percent.

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October totaled 1,643,000 net tons (NT)*. This represents virtually no change from the 1,642,000 permit tons recorded in September and a 30.8% increase from the September final imports total of 1,256,000. Import permit tonnage for finished steel in October was 1,219,000, up 4.4% from the final imports total of 1,167,000 in September. For the first ten months of 2020 (including October SIMA permits and September final imports), total and finished steel imports were 19,290,000 NT and 13,587,000 NT, down 22.2% and 26.0%, respectively, from the same period in 2019. The estimated finished steel import market share in October was 17% and is 18% year-to-date (YTD).

  • [Editor:kangmingfei]

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