Market Segment
August 29, 2023
July Imports Fall Back 15% From June’s 12-Month High
Written by Laura Miller
The drop in imports from June to July was not as steep as license applications had suggested, but imports were still down both month on month (MoM) and year on year (YoY).
The US imported 2,371,359 net tons of steel products in July, according to a preliminary count by the US Department of Commerce. This was a 15% decline from June’s recent high of 2,797,419 tons. Recall that June’s imports were at a 12-month high.

