Prices
February 11, 2021
U.S. Steel Imports on the Upswing through January
Written by Brett Linton
U.S. steel imports are on the upswing. December steel import figures were finalized at 1.50 million net tons, up 9% from one month prior and up 18% over September’s 11-year low of 1.26 million tons. January import licenses are up 47% from the month prior to 2.20 million tons, the highest monthly level seen since July 2020.
The average monthly import level for 2020 is now finalized at 1.84 million tons, down 21% from the 2019 monthly average of 2.32 million tons, and down 35% from the 2018 monthly average of 2.81 million tons.

