Steel Products Prices North America
September 27, 2022
Early Look at August Steel Imports: Down Another 6%
Written by Brett Linton
Preliminary US Census Bureau data indicates that steel imports will have totaled 2.51 million net tons during the month of August. This is down 6% from the prior month and potentially the lowest monthly rate seen since February of this year. Recall that monthly import levels also declined 6% from June to July. August figures are now down 19% compared to March’s 26-month high of 3.09 million tons.
Broken down by product category, preliminary finished steel imports in August are down 9% from July, imports of semi-finished products increased 8%, flat rolled imports rose 6%, long product imports fell 26%, imports of pipe and tube declined 17%, and stainless imports eased 5%.
