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US increased steel imports in December

According to data from the US Department of Commerce...

US increased steel imports in December

According to data from the US Department of Commerce, steel imports in December 2022 increased by 8.6% compared to November to 1,983,268 tons. Steel imports amounted to $2.95 billion in December, compared to $2.79 billion in November and $3.82 billion in December 2021.

The main countries from which the USA imports steel are respectively;

Canada - 473,230 tons

Mexico - 376,497 tons

South Korea - 210,566 tons

Japan - 107,863 tons

Germany - 70,046 tons

The US steel import market share, which was 22% in November 2022 and 24% for all of 2022, is estimated to be 23% in December 2022.

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