Steel imports stabilized in March

Steel imports held steady in March, up just 1% from February according to preliminary US Census data released earlier this week. Though flat month on month (m/m), March imports remain strong in comparison to levels seen over the past few months.

The US Commerce Department’s preliminary count shows 2.51 million short tons (st) of steel products entered the country last month. This is up from 2.47 million st one month prior, but down from 2.62 million st in March 2023. April import licenses total 2.11 million st through April 23, the last date for which figures for this month were available. Note, however, that license data is still being collected – so April figures could increase from here.

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.