According to preliminary census data from the US Department of Commerce, US monthly steel imports in March this year increased by 5.3 percent from February and were down 29.2 percent year on year to total 1,607,503 mt. In terms of value, US steel imports in March totaled $1.6 billion, compared to $1.47 million in February and $2.6 billion in March 2025.
Top sources for US steel imports in March include: South Korea with 264,991 mt, Brazil with 264,350 mt, Canada with 258,994 mt, and Vietnam with 160,793 mt.
By product group, semi-finished imports totaled 405,057 mt in March, down from 434,653 mt in February and down from 596,974 mt in March 2025. Flat product imports totaled 472,651 mt in March, up from 375,780 mt in February and down from 777,041 mt in March 2025. Long product imports totaled 349,879 mt in March, up from 347,431 mt in February and down from 368,415 mt in March last year. Pipe and tube imports amounted to 304,072 mt in March, down from 306,550 mt in February and down from 425,938 mt in March 2025.
According to the American Iron and Steel Institute, the share of imports in the US steel market was estimated at 16 percent in March and at 15 percent the first three months this year.