December Foreign Steel Imports Trending Towards 2.5 Million Tons

The U.S. Department of Commerce (DOC) released updated import license data this evening. November license data continues to hover around 2.86 million net tons. Steel Market Update sees December license data trending toward 2.53 million net tons, down from our previous analysis of 2.64 million tons last week.

Semi-finished imports were previously trending about 200,000 tons higher than what we saw in November, but the trend has now returned to similar levels for December. Finished imports (total imports minus semi-finished products) are trending toward 1.97 million tons, up from our analysis last week but down compared to October and November levels.

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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