January Preliminary Imports 27 Percent Higher than December

The U.S. Department of Commerce recently released updated import statistics including preliminary January figures. According to the latest data, total steel imports in January were 3,172,481 net tons (NT), up 26.6 percent compared to the 2,506,795 NT imported in December. Total February imports are projected to be 3,012,761 NT, a 5.0 percent decrease over January. On a moving average basis, total January preliminary imports are well above both the 3-month-moving-average (3MMA) and 12-month-moving-average (12MMA).

Here is a link to a previous article by David Phelps regarding the Steel Import Monitoring and Analysis System (SIMA) and how it operates.

Brett Linton

Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

Brett Linton

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