Steel Products Prices North America
September 27, 2018
AISI: Steel Imports Down Over 10 Percent this Year
Written by Tim Triplett
U.S. tariffs on steel imports appear to be having the expected effect. Two-thirds of the way through a year when the economy and steel demand are booming, imports are down by double digits.
Citing preliminary Census Bureau data, the American Iron and Steel Institute reports that the United States imported 23,839,000 net tons of steel in the first eight months of the year, a decrease of 10.4 percent compared with the same period in 2017. Of that amount, finished steel imports totaled 18,208,000 net tons, 11 percent less than last year.
