Prices
March 7, 2019
Final December Steel Imports Fall 20 Percent to 8-Year Low
Written by Brett Linton
Foreign steel imports dropped to an eight-year low in December, coming in under 2 million net tons, according to final data released Wednesday by the U.S. Department of Commerce. Removing the 200,000 tons of semi-finished steels (mostly slabs used by domestic steel mills), finished steel imports were just under 1.7 million net tons.
As shown in the table below, December saw low import numbers on semi-finished (due to quotas being filled, which is why the January and February numbers are so large), hot rolled, galvanized and cut-to-length plate.
