United States Department of COMMERCE NEWS Washington, D.C. 20230 ECONOMICS AND STATISTICS ADMINISTRATION U.S. Census Bureau This release contains sensitive economic data not to be released before 10:00 a.m. Tuesday, October 29, 2002 CB-02-141 Press Copy FT-900A (02-09) For information contact: Haydn Mearkle (301) 763-2246 Nick Orsini (301) 763-2311 Preliminary: U.S. Imports for Consumption of Steel Products September 2002 The U.S. Census Bureau, through the Department of Commerce, announced today that preliminary September steel imports were $1.1 billion (2.9 million metric tons). This was an increase of $0.2 billion (0.5 million metric tons) from the preliminary August totals of $1.0 billion (2.4 million metric tons). The August to September change in steel imports, based on metric tonnage, reflected increases primarily in wire rods and hot rolled sheets. Decreases occurred primarily in blooms, billets, and slabs and reinforcing bars. Monthly changes in steel imports reflected increases primarily with Turkey and China. A decrease occurred primarily with Mexico. The year to date final statistics through August of 2002 showed steel imports of 18.8 million metric tons, an increase of 0.9 million metric tons from the 18.0 million metric tons through August of 2001. The largest commodity increases were in blooms, billets, and slabs and hot rolled sheets. The largest decreases occurred in cold rolled sheets and oil country goods. The largest country increases were with Brazil and Canada. The largest decreases occurred with Korea and South Africa. 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 November 26, 2002 Notice Effective March 20, new duties were imposed on steel products under the safeguard measures provision of the Trade Act of 1974. This release includes new exhibits (Exhibits 5 and 6) that provide information on imports of goods by Section 201 remedy category. Users should note that: 1. The categories are aggregations of steel products defined by the Harmonized Tariff Schedule and include some transactions that are not subject to the safeguard measures. 2. The product category aggregations in Exhibit 5 show imports from all countries, not just those subject to the safeguard measures. 3. The countries in Exhibit 6 show steel imports from countries primarily excluded from the safeguard measures, however, these measures may apply to some transactions from some countries in this exhibit. SOURCE: Report FT900A (CB-02-141), U.S. Census Bureau, Foreign Trade Division, Preliminary SEPTEMBER 2002. For more information, contact Haydn R. Mearkle (301-763-2246) or Nick Orsini (301-763-2311), Foreign Trade Division.