Prices
February 25, 2021
Update on U.S. Steel Imports through January
Written by Brett Linton
U.S. steel imports show mixed signs, according to January preliminary Census data. January steel imports are currently reported at 2.42 million net tons, up 62% from one month prior due to the quarterly surge in semi-finished product imports. Focusing on finished steel imports only, January figures are down from December by nearly 90,000 tons or 7%.
Recall that the average monthly import level for 2020 was 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.
