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    Analysis

    March 28, 2024

    February imports ease from seven-month high

    Written by Brett Linton

    After reaching a seven-month high in January, steel imports fell back 3% in February, according to preliminary Census data released earlier this week. Though down month on month (m/m), February imports were strong compared to levels seen over the past few months, with the second-highest rate recorded since June 2023.   

    The US Commerce Department’s preliminary count shows 2.47 million short tons (st) of steel products entered the country last month. February levels were down from 2.55 million st in the first month of the year, but up from 2.10 million st in December 2023.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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