July Import Licenses Decline Dramatically

US steel imports look to have fallen significantly during the month of July, according to license data from the US Department of Commerce collected through July 31.

Imports
Long products
Pipe and Tube
Plate
Sheet
U.S. Steel

Commerce counted 2,185,835 net tons of licenses to import steel for July. Compared to June’s preliminary import count, this is a 22% month-on-month (MoM) decline. July’s count is the lowest in eight months and is down 18% from July 2022 (see Fig. 1)

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.