On April 25th 2022, The American Iron and Steel Institute (AISI) has reported that in March 2022, 3,091,000 net tons (NT) of steel were imported into the United States. This is up by 31.6% compared to February of 2022. The first 3 months of this year saw steel imports rise by 28% compared to the same period in 2021. Over the 12 month period from April 2021 to March 2022, total steel imports were 49.9% compared to the previous period.
Finished steel products that had notable increases were standard pipe (up 89%), hot rolled sheets (up 69%), wire rods (up 67%), plates in coils (up 54%), and sheet and strip hot dipped galvanized (up 36%).
In March, the largest suppliers were Canada (up 39% compared to February), Mexico (up 21%), South Korea (up 48%), and Vietnam (up 133%). For the 12 month period, the largest suppliers were Canada (up 20%), Mexico (up 60%), Brazil (up 3%), South Korea (up 37%), and Russia (up 237%).