Market Data
May 30, 2024
Steel imports surge through April and May data
Written by Brett Linton
Steel imports jumped from March to April and are looking nearly as strong for May, according to updated US Census data released earlier this week.
Following a relatively stable first quarter, preliminary April imports surged 11% month over month (m/m) and are now nearing a two-year high. Projected May import license data suggests imports could ease slightly from April, though still significantly high in comparison to levels seen over the past year.

