This release contains sensitive economic data not to be released before 10:00 a.m. Friday, February 25, 2000 CB-00-37 Press Copy FT-900A (00-01) For information contact: Haydn Mearkle (301) 457-2246 Nick Orsini (301) 457-2311 Preliminary: U.S. Imports for Consumption of Steel Products January 2000 The Bureau of the Census, through the Department of Commerce, announced today that preliminary January steel imports were $1.1 billion (2.7 million metric tons). This was virtually the same as the preliminary December totals of $1.1 billion (2.7 million metric tons). The December to January change in steel imports, based on metric tonnage, reflected decreases primarily in hot rolled sheets and cold rolled sheets. Increases occurred primarily in blooms, billets and slabs. Monthly changes in steel imports reflected decreases primarily with Ukraine, India, and Italy. Increases occurred primarily with Brazil and Taiwan. The year-to-date final statistics through December of 1999 showed steel imports of 32.4 million metric tons, a decrease of 5.3 million metric tons from the 37.7 million metric tons through December of 1998. The largest commodity decreases were in hot rolled sheets, plates in coils, and heavy structural shapes. The largest country decreases were with Russia, Japan, and Korea. Notes: The data in this report are preliminary and subject to revisions. Analysis of recent months for steel product imports indicates the value of preliminary data should equal about 96 percent of the final value reported in the regular monthly trade statistics report. Preliminary data reported for individual steel categories and at the individual country of origin level have been less consistently predictive of the final data reported in the regular monthly trade statistics. For further details visit the Foreign Trade Division web site at: www.census.gov/foreign-trade/www/. On the web site you can access product by country and country by product tables. The next release is March 23, 2000 SOURCE: Report FT900A (CB-00-37), Bureau of the Census, Foreign Trade Division, January 2000 preliminary. For more information, contact Haydn R. Mearkle (301-457-2246) or Nick Orsini (301-457-2311), Foreign Trade Division.