Steel Products Prices North America
July 27, 2021
Preliminary June Imports Reach 17-Month High
Written by Brett Linton
Preliminary Census data shows that total foreign steel imports are up 15% from May to June, reaching 2.90 million tons. This is now the highest monthly import level of 2021, surpassing the April high of 2.64 million tons. The last time imports were this high was January 2020 when imports totaled 3.16 million tons.
July import licenses through the 25th are at 2.29 million tons, down 21% from June (though data for July is not yet complete), and down 9% from May. For comparison, the average monthly import level for 2020 was 1.84 million tons, down from 2.32 million tons in 2019 and 2.81 million tons in 2018.
