Analysis
December 8, 2023
November import licenses fall to recent low
Written by Laura Miller
A count of November license applications suggests steel imports were at their lowest monthly level in 33 months (see Figure 1).
Import license applications fell below the 2-million-net-ton mark in November, coming in at just under 1,983,000 tons, according to data from the US Department of Commerce’s International Trade Administration. That’s a 10% decline from October’s final import count of almost 2,201,000 tons, and just 2% lower than November 2022 imports of 2,013,420 tons.

