Analysis
February 7, 2025
US steel imports inch up in December, surge in January
Written by Brett Linton
Following the one-year low recorded in November, steel imports rose by 3% in December to 2.14 million short tons (st), according to final US Commerce Department data. Although December marks the second-lowest monthly import rate of 2024, it is slightly higher than volumes seen one year prior.
According to license data collected through Feb. 3, January import licenses total 2.92 million st (Figure 1, left). That potential 37% month-over-month (m/m) rebound means January could be the highest month for steel imports witnessed in nearly three years.

