August Finished Steel Imports at 2 Million Net Tons

The U.S. Department of Commerce released Final Census Data on August foreign steel imports late last week. The final data shows August imports hit 3,034,752 net tons, just slightly above the 2,987,565 net tons reported for the month of July. Total imports continue to be resilient, mostly on the back of semi-finished steels (mostly slabs going to domestic mills). In August, semi’s account for one-third of the total imports with 1,001,317 net tons.

This means finished imports fell to just over 2 million net tons. You can see how each product we follow fared in the table below.