Prices
June 9, 2020
Final April Steel Imports at 2.8 Million Tons, May Licenses at 2.3 Million
Written by Brett Linton
Recently released Census data shows final April steel imports totaling 2.77 million net tons, according to the U.S. Department of Commerce. This is just 1,700 tons higher than the preliminary April import figures SMU reported in late-May and up 58.4 percent over March figures.
Finished imports in April were 1.32 million tons, down 13 percent over the previous month and down 2.4 percent over February. About 1.45 million tons of semifinished products were imported in April (mostly slabs) as the quarterly quotas for those products reset (compare this to March semifinished imports of 227,000 tons and February at 151,000 tons).

