According to preliminary census data from the US Department of Commerce, US monthly steel imports in June 2018 decreased 15.3 percent from May (census data) to total 2,249,947 mt. A year-on-year comparison shows a 36.8 percent decrease. In terms of value, US steel imports in June totaled $2.18 billion, compared to $2.71 billion in May and $2.89 billion in June 2017.
According to the American Iron and Steel Institute (AISI), the US steel import market share in June is estimated at 22 percent; year-to-date import market share is estimated at 25 percent.
Top sources for US steel imports in June include: Canada, with 390,860 mt; Brazil, with 253,101 mt; Russia, with 239,316 mt; Mexico, with 221,405 mt; and Korea, with 188,948 mt.
Major steel products imported in June include blooms, billets and slab at a combined 566,816 mt; HDG sheets and strip, at 247,016 mt; OCTG, at 179,409 mt; HRC, at 152,455 mt; line pipe, at 145,661 mt; and CRC, at 134,462 mt.