Prices
May 9, 2019
Steel Imports Down in March, Trending Up in April, May
Written by Brett Linton
Steel imports into the U.S. in March, totaling 2.26 million tons, were down by 7 percent from the prior month led by a sharp decline in semi-finished imports, according to final Census data from the Department of Commerce. It does not appear the downtrend is continuing, however.
Based on the latest license data, imports totaled nearly 2.9 million tons in April. The biggest part of that increase appears to be imports of semi-finished steels, mostly slabs purchased by the domestic mills, which more than doubled from the prior month to around 845,000 tons, based on the preliminary data.
