US total steel imports increased in October

Based on provisional data from the US Bureau of Statistics, the American Iron and Steel Institute (AISI) reported that the US imported 2.40 million net tons of steel in October, of which 1.96 million tons were finished steel products.

These figures showed a 7.2 percent increase in total imports and a 5.1 percent increase in finished steel imports compared to the previous month.

In the whole of 2022, total and finished steel product imports increased by 3.7 percent and 19.1 percent, respectively.