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US steel imports decreased by 9.4% in April

According to preliminary statistics data from the US Department of Commerce, the US monthly steel imports in April 2023 decreased by 9.4% compared to March and by 13.3% compared to April last year, reaching 2,150,544 tonnes.

In terms of value, steel imports to the United States totalled $3.23 billion in April, compared to $3.18 billion in March and $3.68 billion in April 2022.

The most important sources of US steel imports in April include Canada, with a volume of 538,979 tonnes. Mexico reached 313,176 tonnes, and Brazil, with 193,588 tonnes.

South Korea with a volume of 152,598 tonnes, and Japan 117,696 tonnes.

By-products, semi-finished products imports totalled 382,878 tonnes, compared to 626,613 tonnes in March and 406,213 tonnes in April 2022. Imports of flat products totalled 675,773 tonnes in April, down from 798,624 tonnes in March and 1,003, 179 tonnes in April 2022.

Long product total imports reached 461,195 tonnes in April, up from 324,969 tonnes in March but down from 508,952 tonnes in April 2022.

Pipes and tubes total imports amounted to 543,092 tonnes, compared to 546,875 tonnes in March and 440,306 tonnes in April 2022.

According to the American Iron and Steel Institute (AISI), the steel import market share in the United States in April 2023 was estimated at 23%, compared to 22% in March and 23% since the beginning of the year.

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