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    Analysis

    US steel imports declined again in July

    Written by Brett Linton


    After rebounding 20% from April to May, US steel imports slipped 9% month on month (m/m) in June to 2.25 million short tons (st), according to US Commerce Department data.

    Following January’s pre-tariff surge, imports have remained low since February compared to post-pandemic volumes. Looking at preliminary license data, the steel trade appears to have slowed even further in July. Import licenses are currently down another 4% m/m to potentially the second-lowest monthly rate of the year.

    Brett Linton

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