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The U.S. imported 1.26 million net tons of steel, including 1.17 million tons of finished steel, in September. Net imports were down 2.8 percent and finished steel imports declined 1.1 percent compared with the prior month.
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Global steel production increased 2.9 percent to 156.4 million tons in September compared with the previous year, the Brussels-based World Steel Association reported. Total global production in September totaled 156.4 million tons.
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U.S. shipments of steel and aluminum declined again in September, though at less than half the rate in August, the Metals Service Center Institute reported in its latest Metals Activity Reports. Shipment rate declines of Canadian steel also slowed, while aluminum shipments showed a modest increase during the month.
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The world produced 23.7 million tons of stainless steel in the first half of 2020, a 9.4 percent decline from the first six months of 2019, the International Stainless Steel Forum reported.
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The U.S. Department of Commerce has made a preliminary determination that imports of common alloy aluminum sheet from 18 countries are being sold at less than fair value in the United States.
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The U.S. has filed an antidumping and countervailing duty petition against imports of aluminum foil from Armenia, Brazil, Oman, Russia and Turkey. The petition was filed by the Aluminum Association Trade Enforcement Working Group.
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World crude steel production of 156.2 million metric tons in August was up 0.6 percent compared to August 2019, the Brussels-based World Steel Association reported. This represented the first month-over-month increase in production since February.
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Iowa Senators Joni Ernst and Chuck Grassley, who serves as the Senate Finance Committee chairman, have requested Section 232 tariffs be lifted on any steel needed by the state in its recovery from the August derecho storms, particularly steel used for rebuilding grain bins and machine sheds.
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Service center shipments continue to recover from its April low, but they remain below 2019 levels, the Rolling Meadows, Ill.-based Metals Service Center Institute reported in its most recent Metals Activity Report.
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The Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey for July, which shows the persistent gap between open manufacturing positions and available skilled workers – even amid a pandemic. According to the survey, the manufacturing industry saw 408,000 manufacturing job openings in July, an increase of more than 60,000 jobs since the prior month and the best result since February, before widespread COVID-19 restrictions came into effect.
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