According to preliminary census data from the US Department of Commerce, US monthly steel imports in August 2020 decreased 51.6 percent from July to total 1,182,952 mt. A year-on-year comparison shows a 35.4 percent decrease. In terms of value, US steel imports in August totaled $1.09 billion, compared to $1.71 billion in July and $1.83 billion in August 2019.
Top sources for US steel imports in August include: Canada, with 387,368 mt; Mexico, with 237,139 mt; Korea, with 101,994 mt; Japan, with 49,685 mt; and Germany, with 45,607 mt.
Major steel products imported in August include hot dipped galvanized sheets and strip, at 157,346 mt; blooms, billets and slab at a combined 98,118 mt; HRC, at 97,155 mt; rebar, at 89,352 mt; CRC, at 83,195 mt; and tin plate, at 57,355 mt.