According to preliminary census data from the US Department of Commerce, US monthly steel imports in May 2020 decreased 35.4 percent from April to total 1,625,363 mt. A year-on-year comparison shows a 13.6 percent decrease. In terms of value, US steel imports in May totaled $1.39 billion, compared to $1.83 billion in April and $1.88 billion in May 2019.
Top sources for US steel imports in May include: Canada, with 266,540 mt; Mexico, with 265,515 mt; Korea, with 208,131 mt; Japan, with 93,935 mt; and Australia, with 81,409 mt.
Major steel products imported in May include blooms, billets and slab, at 269,350 mt; OCTG, at 142,068 mt; hot dipped galvanized sheets and strip, at 124,111 mt; rebar, at 114,537 mt; HRC, at 109,844 mt; and CRC, at 111,136 mt.