This release contains sensitive economic data not to be released before 10:00 a.m. Thursday, July 27, 2000 CB-00-119 Press Copy FT-900A (00-06) For information contact: Haydn Mearkle (301) 457-2246 Nick Orsini (301) 457-2311 Preliminary: U.S. Imports for Consumption of Steel Products June 2000 The Bureau of the Census, through the Department of Commerce, announced today that preliminary June steel imports were $1.3 billion (3.0 million metric tons). This was virtually the same quantity and a decrease of $0.1 billion from the preliminary May totals of $1.4 billion (3.0 million metric tons). The May to June change in steel imports, based on metric tonnage, reflected a decrease primarily in blooms, billets, and slabs. Increases occurred primarily in reinforcing bars and hot rolled sheets. Monthly changes in steel imports reflected decreases primarily with China, Canada, and Japan. Increases occurred primarily with Ukraine, India, and Russia. The year to date final statistics through May of 2000 showed steel imports of 15.4 million metric tons, an increase of 2.9 million metric tons from the 12.5 million metric tons through May of 1999. The largest commodity increases were in blooms, billets, and slabs and hot rolled sheets. The largest country increases were with Ukraine, Taiwan, and Brazil. 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 August 24, 2000 Source: FT-900A, Preliminary: U.S. Imports for Consumption of Steel Products June 2000, CB-00-119 For information contact: Haydn Mearkle (301) 457-2246 Nick Orsini (301) 457-2311 July 27, 2000