According to preliminary census data from the US Department of Commerce, US monthly steel imports in July 2020 increased 92.5 percent from June to total 2,440,509 mt. A year-on-year comparison shows an 8.8 percent decrease. In terms of value, US steel imports in July totaled $1.71 billion, compared to $1.19 billion in June and $2.39 billion in July 2019.
Top sources for US steel imports in July include: Brazil, with 1,119,140 mt; Canada, with 380,689 mt; Mexico, with 210,995 mt; Korea, with 143,512 mt; and Germany, with 85,274 mt.
Major steel products imported in July include blooms, billets and slab at a combined 1,151,036 mt; hot dipped galvanized sheets and strip, at 206,966 mt; rebar, at 113,566; HRC, at 111,344 mt; CRC, at 80,042 mt; and tin plate, at 77,972 mt.