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US total steel imports decreased in November

According to the American Iron and Steel Institute (AISI) data...

US total steel imports decreased in November

It reported that the US imported 2.01 million net tons of steel in November, of which 1.76 million tons were finished steel products. These figures are 17.0% in total imports and finished steel compared to the previous month.

This reflects a 10.7% decrease in imports.

In the whole of 2022, total and finished steel product imports increased by 0.2% and 4.1%, respectively.

In the 12-month period, total and finished steel imports increased by 4.8% and 17.4%, respectively, compared to the same period of 2021.

The market share of finished steel imports in the US was estimated at 22% for November (22% prev) and 24% for the six months of 2022 (prev: 24%).

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