This release contains sensitive economic data not to be released before 10:00 a.m. Thursday, June 22, 2000 CB-00-99 Press Copy FT-900A (00-05) For information contact: Haydn Mearkle (301) 457-2246 Nick Orsini (301) 457-2311 Preliminary: U.S. Imports for Consumption of Steel Products May 2000 The Bureau of the Census, through the Department of Commerce, announced today that preliminary May steel imports were $1.4 billion (3.0 million metric tons). This was virtually the same value and a decrease of 0.3 million metric tons from the preliminary April total of 3.3 million metric tons. The April to May change in steel imports, based on metric tonnage, reflected decreases primarily in blooms, billets, and slabs and hot rolled sheets. Monthly changes in steel imports reflected decreases primarily with Brazil, India, and Ukraine. The year to date final statistics through April of 2000 showed steel imports of 12.3 million metric tons, an increase of 2.9 million metric tons from the 9.4 million metric tons through April of 1999. The largest commodity increases were in blooms, billets, and slabs and hot rolled sheets. The largest country increases were with Brazil, Ukraine, and Taiwan. 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 July 27, 2000 Source: U.S. Census Bureau, Foreign Trade Division FT-900A Preliminary: U.S. Imports for Consumption of Steel Products May 2000.