Foreign Steel Imports Trending Up in March

Steel imports are trending up in March as license data from the U.S. Department of Commerce shows total imports tracking towards 2.9 million net tons–above the 3-month and 12-month moving averages. Based on license data through March 19, both finished and semifinished steels (mostly slabs purchased by domestic mills) are up significantly over February levels.

Besides semifinished, other product imports trending higher this month include hot rolled, coiled plate and Galvalume. Cold rolled, galvanized and oil country tubular goods are trending lower.

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

Latest in Prices

SMU Price Ranges: Sheet and plate products inch higher

JSW increases plate prices by $40/ton

Nucor increases HR spot price by $5/ton

CRU: US BFA prices plummet with fierce sales competition

HR Futures: Market waits with bated breath for next driver