Specialty Steel Industry Group Releases YTD October 2004 Data

Specialty Steel Industry of North America

SSINA today released import, U.S. consumption, and import penetration data covering January through October 2004. Percentage comparisons refer to the YTD October 2003 ten-month period.

Imports of total stainless steel were 537,262 tons, a 30% increase; U.S. consumption was 1,996,913 tons, a 12% increase; import penetration was 27%, a four percentage point increase.

Alloy tool steel: Imports were 75,478 tons, a 5% increase; U.S. consumption and import penetration are not calculable.