US steel imports down 17% year-to-date through November

2020-01-03

Jan. 3, 2020 - U.S. imported a total of 1,541,000 net tons (NT) of steel in November 2019, including 1,311,000 net tons (NT) of finished steel (down 29.9% and 12.5%, respectively, vs. October final data). Through the first eleven months of 2019, total and finished steel imports are 26,332,000 and 19,675,000 net tons (NT), down 17.3% and 18.1%, respectively, vs. the same period in 2018.


Annualized total and finished steel imports in 2019 would be 28.7 and 21.5 million NT, down 14.8% and 16.5%, respectively, vs. 2018. Finished steel import market share was an estimated 15% in November and is estimated at 19% over the first eleven months of 2019.