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    Steel imports remain low in January and February

    Written by Brett Linton


    Steel imports remained close to multi-year lows in January and February, according to US Commerce Department data released this week. Final January figures inched up 5% month-over-month (m/m) and February license data is almost identical. In the last six months, we have witnessed imports shrink to some of the lowest volumes recorded in the last five years.

    The total volume of steel products imported into the country in January was 1.65 million short tons (st), just ~90,000 st above the near five-year low set last September. February license data collected through March 10 is almost identical to January levels.

    Brett Linton

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