The latest American Iron and Steel Institute (AISI) (www.steel.org) analysis of U.S. “indirect” steel trade shows that U.S. indirect steel imports reached a new high of 39.8 million net tons in 2006 – up 8 percent from 2005 and up 22 percent since 2000 – while indirect U.S. steel exports reached a new high of 20.6 million net tons in 2006, a 2 percent gain from 2005 and up 15 percent from 2000.
The AISI analysis identifies indirect steel trade as the volume and value of steel incorporated in finished products in eight major consumer markets imported and exported between the United States and 11 major countries in four regions.
Since indirect import gains outpaced the rise in indirect exports, the indirect steel trade deficit increased in 2006 to 19.2 million NT. This is 15 percent greater than 2005 and only 4 percent below the record year of 2002.
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