According to preliminary census data from the US Department of Commerce, US monthly steel imports in April 2022 decreased 11.7 percent from March to total 2,477,347 mt. A year-on-year comparison shows a 3.4% increase.
In terms of value, US steel imports in April totaled $3.68 billion, compared to $3.93 billion in March and $2.40 billion in April 2021.
Top sources for US steel imports in April include: Canada, with 556,390 mt; Mexico, with 358,663 mt; South Korea, with 226,960 mt; Brazil, with 218,663 mt; and Vietnam, with 109,609 mt.
By product group, semi-finished imports totaled 406,199 mt in April, down from 522,643 mt , Flat product imports totaled 1,002,316 mt ,Long product imports totaled 508,377 mt and Pipe and tube imports totaled 442,354 mt.
According to the American Iron and Steel Institute (AISI), the US steel import market share in April 2022 was estimated at 27%, compared to 26% in March and 25% year-to-date.