This release contains sensitive economic data not to be released before 8:30 a.m. Thursday, May 20, 1999 CB-99-90 Press Copy FT-900A (99-04) For information contact: Haydn R. Mearkle (301) 457-2311 (301) 457-2246 Preliminary: U.S. Imports for Consumption of Steel Products April 1999 The Bureau of the Census, through the Department of Commerce, announced today that preliminary April steel imports were $0.9 billion (2.2 million metric tons). This was an decrease of $0.1 billion (0.3 metric tons) from the preliminary March totals of $1.0 billion (2.5 million metric tons). The March to April change in steel imports, based on metric tonnage, reflected decreases primarily in blooms, billets and slabs; plates cut to length; and structural shapes heavy. Monthly changes in steel imports reflected decreases primarily with Korea, Brazil, and Japan. The year-to-date final statistics through March of 1999 show steel imports of 7.1 million metric tons, an increase of 0.2 million metric tons over the 6.9 million metric tons through March of 1998. The largest commodity increases were in blooms, billets, and slabs; cold rolled sheets; and reinforcing bars. The largest country increases were with Korea, Brazil, and Mexico. 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 June 24, 1999