This release contains sensitive economic data not to be released before 10:00 a.m. Thursday, August 26, 1999 CB-99-157 Press Copy FT-900A (99-07) For information contact: Haydn Mearkle (301) 457-2246 Nick Orsini (301) 457-2311 Preliminary: U.S. Imports for Consumption of Steel Products - July 1999 The Bureau of the Census, through the Department of Commerce, announced today that preliminary July steel imports were $1.1 billion (2.9 million metric tons). This was a increase of $0.1 billion (0.3 million metric tons) from the preliminary June totals of $1.0 billion (2.7 million metric tons). The June to July change in steel imports, based on metric tonnage, reflected increases primarily in wire rods, hot rolled sheets, and cold rolled sheets. Monthly changes in steel imports reflected increases primarily with Mexico, Ukraine, and Taiwan. The year-to-date final statistics through June of 1999 showed steel imports of 15.3 million metric tons, a decrease of 1.3 million metric tons from the 16.5 million metric tons through June of 1998. The largest commodity decreases were in hot rolled sheets, plates in coils, and heavy structural shapes. The largest country decreases were with Russia, Japan, and Ukraine. 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 September 23, 1999 Source: Preliminary: U.S. Imports For Consumption of Steel Products July 1999 (FT-900a, CB-99-157). Contact Haydn Mearkle (301)457-2246 or Nick Orsini (301)457-2311 for questions.