• Skip to main content

    Government/Policy

    December 29, 2023

    Imports fall to year low in November

    Written by Laura Miller

    November’s preliminary count shows US imports falling, but to a lesser degree than an earlier license count had suggested, according to the latest government figures.

    A license tally earlier in December had suggested that steel imports fell to a 33-year low in November. But November’s preliminary import count of 2,019,590 net tons was just barely higher than November 2022’s count of 2,013,421 tons. Thus, November’s imports were at a 12-month low (Figure 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.

    Read more from Laura Miller

    Latest in Government/Policy

    Leibowitz: Will the next Congress take aim at Trump’s tariffs to address affordability concerns?

    The election last Tuesday was a stunning rebuke to President Trump and many of his policies. High prices and pessimism about the economy were clearly on the minds of voters and the members of Congress they sent to Washington. Trade policy can help address those issues. Some trade experts think the new Congress could deal with tariffs on imports from Canada early on. I also expect hearings and new bills to more closely control presidential authority over tariffs. Much is unknown about what will happen come January, when new members convene. But some points are already obvious to those who see politics as a means to an end (governing) rather than as an end in itself (getting elected).