Steel Products Prices North America
November 15, 2022
October Import Licenses Mostly Rise, But Down Year-On-Year
Written by Laura Miller
Most flat-rolled steel imports rose from September to October but were lower compared to year-ago levels. This is according to October import license application data released by the US Department of Commerce’s International Trade Administration.
All steel imports into the US require an import license in order to enter through Customs. The license count provides a first look into the amount of imports that entered the country during a particular month. Commerce later releases preliminary figures and then final import figures. Therefore licensing data should not be considered as final data but as providing an idea as to import tonnages.
