Attachment 3

Over the Past Year Average Import Values Have Declined
Almost $100 Per Ton For Total Steel Imports
While Import Volume Has Increased 54 Percent
(Over 70 Percent through Q3 98)

Note: Asian steel producing countries include China, Japan, Korea, Taiwan, India, Indonesia, Malaysia and Thailand.

Jan-Dec 1998

U.S. Imports of Finished Steel Mill Products From CIS Countries Not

Subject to Suspension Agreements,

Already at Record Levels in 1997,
Increased an Additional 72 Percent in 1998

30

40

5.0

6.0

Source: U.S. Department of Commerce

Note: Data on CIS excludes carbon cut-to-length steel plate which became subject to a suspension agreement in 1997. CIS countries include Russia, Ukraine and Kazakhstan.

Almost Half of the Finished Steel Import Surge in 1998

Was Concentrated in Hot-Rolled

Carbon Steel Flat-Products
(million net tons)

Hot Rolled

All Other

Finished Steel Import Volume Increase
Jan-Dec 1998 vs. Jan-Dec 1997

Source: US Department of Commerce

Note: Hot-rolled carbon steel flat products includes hot-rolled sheet and strip and plate in coil.