According to preliminary census data from the US Department of Commerce, US monthly steel imports in March 2020 increased 16.1 percent from February to total 1,587,758 mt. A year-on-year comparison shows a 22.8 percent decrease. In terms of value, US steel imports in March totaled $1.53 billion, compared to $1.31 billion in February and $1.98 billion in March 2019.
Top sources for US steel imports in March include: Canada, with 486,012 mt; Mexico, with 246,767 mt; Korea, with 185,973 mt; Russia, with 80,234 mt; and Germany, with 69,313 mt.
Major steel products imported in March include blooms, billets and slab, at 205,877 mt; hot dipped galvanized sheets and strip, at 186,681 mt; OCTG, at 174,107 mt; HRC, at 122,536 mt; CRC, at 101,017 mt; and line pipe, at 76,055 mt.