Steel imports tumbled further in July and August

US steel imports declined for the second consecutive month in July, according to recently finalized US Commerce Department data.

The total volume of steel products that entered the country in July eased to 2.24 million short tons (st), the second-lowest monthly rate recorded this year. Preliminary August license figures suggest imports fell 16% further to 1.88 million st, potentially the lowest rate seen since December 2020.

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.