Steel Imports Trending Down in November

U.S. steel imports are trending down in November to around 2.5 million tons from the preliminary total of 3.3 million tons in October, according to import license data from the Department of Commerce.

The November decline is largely a result of fewer imports of semi-finished products. Imports of slabs jumped in October to nearly 1.3 million tons—well above the average level around 635,000 tons. Therefore, with domestic steelmakers well supplied, it’s no surprise that licenses for imports of semi’s are down significantly in November at just over 500,000 tons.

Imports

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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