Steel Products
June 14, 2018
AIIS: Steel Imports Jump 12.7% in April
Written by Sandy Williams
Steel imports increased 12.7 percent from March to April to 3.76 million net tons and were 12.1 percent higher than a year ago, according to the latest data from the American Institute for International Steel.
The U.S. imported 705,000 net tons from Canada, up 9.2 percent from March and more than one-third higher than April 2017. Imports from the European Union increased by more than one-fifth from March to 478,000 net tons, but were almost 14 percent lower year-over-year. Imports from South Korea jumped 50 percent from the previous month and year to 475,000 net tons, while imports of 467,000 tons from Russia increased 60.5 percent from March and 11.2 percent from a year ago.
