US steel imports declined again in July

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

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.