This release contains sensitive economic data not to be released before 10:00 a.m. Thursday, March 23, 2000 CB-00-51 Press Copy FT-900A (00-02) For information contact: Haydn Mearkle (301) 457-2246 Nick Orsini (301) 457-2311 Preliminary: U.S. Imports for Consumption of Steel Products February 2000 The Bureau of the Census, through the Department of Commerce, announced today that preliminary February steel imports were $1.2 billion (3.0 million metric tons). This was an increase of $0.1 billion (0.3 million metric tons) from the preliminary January totals of $1.1 billion (2.7 million metric tons). The January to February change in steel imports, based on metric tonnage, reflected increases primarily in hot rolled sheets, cold rolled sheets, and blooms, billets and slabs. Monthly changes in steel imports reflected increases primarily with Mexico, Ukraine, and Korea. The January 2000 final statistics show steel imports of 2.8 million metric tons, an increase of 0.3 million metric tons over the 2.5 million metric tons in January 1999. The largest commodity increase was in blooms, billets, and slabs. The largest country increases were with Brazil, Taiwan, and Canada. 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 April 20, 2000 Source: Bureau of the Census, Foreign Trade Division report FT-900A U.S Imports for Consumption of Steel Products Preliminary February 2000 report issused March 23, 2000. For further information contact Nick Orsini at (301)457-2311 or visit www.census.gov/foreign-trade.