AIIS Comments on January Steel Imports, Section 232

Steel imports surged more than 17 percent from December to January, reaching 2.87 million net tons, 2.1 percent higher than at the start of last year, according to data from the American Institute for International Steel.

Imports from Canada increased nearly 13 percent to 558,000 net tons, 5 percent ahead of the January 2017 total, while imports from Brazil recorded a monthly increase of just under 5 percent to 371,000 net tons, one-fourth higher than a year earlier. This was followed by 345,000 net tons of imports from the European Union – about 19 percent higher than both December and the previous January; 338,000 net tons from South Korea – more than three-fourths higher than the preceding month and more than 8 percent higher than a year prior; and 333,000 net tons from Mexico – well over a third above the December total and just under a third above the January 2017 level.