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    Analysis

    October 12, 2024

    US steel imports tick up in August, fall again in September

    Written by Brett Linton

    August steel imports totaled 2.38 million short tons (st), according to final data released this week by the US Commerce Department. That was down 2% from July and is the second-lowest monthly rate recorded this year. Data collected through Oct. 6 shows September licenses totaling 2.30 million st, which would be a 3% drop from August (Figure 1, left).

    Almost half of all the steel that entered the US in August came from just three countries: Canada (21%), Brazil (19%), and South Korea (11%). Other significant contributors included Mexico (7%), Vietnam (6%), and Germany (5%). Japan, Taiwan, and Romania are also worth mentioning (3-4%).

    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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