This release contains sensitive economic data not to be released before 10:00 a.m. Thursday, December 23, 1999 CB-99-247 Press Copy FT-900A (99-11) For information contact: Haydn Mearkle (301) 457-2246 Nick Orsini (301) 457-2311 Preliminary: U.S. Imports for Consumption of Steel Products November 1999 The Bureau of the Census, through the Department of Commerce, announced today that preliminary November steel imports were $1.1 billion (2.6 million metric tons). This was virtually the same value, and a decrease of 0.2 million metric tons from the preliminary October totals of $1.1 billion (2.8 million metric tons). The October to November change in steel imports, based on metric tonnage, reflected decreases primarily in blooms, billets, and slabs, reinforcing bars, and wire rods. Monthly changes in steel imports reflected decreases primarily with Brazil, Ukraine, and Mexico. The year-to-date final statistics through October of 1999 showed steel imports of 26.9 million metric tons, a decrease of 4.5 million metric tons from the 31.4 million metric tons through October 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 Korea. 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 January 27, 2000 CONTACT: For more information, contact Haydn R. Mearkle (301-457-2246) or Nick Orsini (301-457-2311), Foreign Trade Division, Bureau of Census.