This release contains sensitive economic data not to be released before 10:00 a.m. Thursday, April 22, 1999 CB-99-74 Press Copy FT-900A (99-03) For information contact: Haydn R. Mearkle (301) 457-2246 Richard M. Preuss (301) 457-2311 Preliminary: U.S. Imports for Consumption of Steel Products March 1999 The Bureau of the Census, through the Department of Commerce, announced today that preliminary March steel imports were $1.0 billion (2.5 million metric tons). This was an increase of $0.2 billion (0.5 metric tons) from the preliminary February totals of $0.9 billion (2.0 million metric tons). The February to March change in steel imports, based on metric tonnage, reflected increases primarily in blooms, billets and slabs; hot rolled sheets; and wire rods. The monthly change in steel imports reflected increases primarily with Brazil, Canada, and Mexico. The year-to-date final statistics through February of 1999 show steel imports of 4.5 million metric tons, virtually the same as imported through February of 1998. The largest commodity increases were in heavy structural shapes and cold rolled sheets. The largest commodity decreases were in hot rolled sheets and plates in coils. The largest country increases were with Korea and China. The largest country decreases were with Germany and Russia. 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 May 20, 1999 SOURCE: Report FT900A (CB-99-74), Bureau of the Census, Foreign Trade Division, March 1999 preliminary. For more information, contact Haydn R. Mearkle (301-457-2246) or Richard M. Preuss (301-457-2311), Foreign Trade Division.