According to preliminary statistics data issued by the US Department of Commerce, monthly steel imports in the United States for November 2022 decreased by 17.0% compared to October, reaching 1,820,442 tonnes, a decrease of 30.7% compared to November 2021.
In terms of value, total US steel imports in November amounted to $2.78 billion, compared to $3.28 billion in October and $3.65 billion in November 2021.
The most vital steel exporting countries to the United States were Canada, with a volume of 476,832 tonnes, Mexico, with 227,099 tonnes, Brazil, with 131,729 tonnes, South Korea, with 125,937 tonnes and Germany, with a volume of 107,356 tonnes.
By products, the total imports of semi-finished products reached 214,769 tonnes, down from 395,723 tonnes in October and 500,497 tonnes in November 2021.
The total imports of flat products reached 743,288 tonnes, down from 825,701 tonnes in October and 1,164,858 tonnes in November 2021.
Total imports of long products reached 334,861 tonnes in November, down from 430,133 tonnes in October and 492,387 tonnes in November 2021.
Pipe imports totalled 456,378 tonnes in November, down from 457,489 tonnes in October but up from 381,476 tonnes in November 2021.
According to the American Iron and Steel Institute (AISI), the market share of US steel imports in November 2022 was estimated at 22%, compared to 23% in October and 24% since the beginning of the year.