[Ferro-Alloys.com]

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,791,000 net tons (NT) of steel in June 2023, including 1,991,000 net tons (NT) of finished steel (up 20.3% and 6.4%, respectively, vs. May 2023). Total and finished steel imports are down 10.7% and 14.9%, respectively, year-to-date vs. 2022. Over the 12-month period July 2022 to June 2023, total and finished steel imports are down 13.5% and 9.3%, respectively, vs. the prior 12-month period. Finished steel import market share was an estimated 23% in June and is estimated at 23% over the first six months of 2023.

Key steel products with a significant import increase in June compared to May are reinforcing bars (up 172%), ingots and billets and slabs (up 79%), heavy structural shapes (up 63%), hot rolled sheets (up 45%) and line pipe (up 34%). Products with a significant increase in imports over the 12-month period July 2022 to June 2023 compared to the previous 12-month period include line pipe (up 36%), oil country goods (up 31%), cut lengths plates (up 10%) and standard pipe (up 10%).

In June, the largest suppliers were Canada (628,000 NT, no change vs. May), Brazil (419,000 NT, up 75%), Mexico (417,000 NT, up 48%), South Korea (375,000 NT, up 71%) and China (114,000 NT, up 149%). Over the 12-month period July 2022 to June 2023, the largest suppliers were Canada (6,923,000 NT, down 1% compared to the previous 12-months), Mexico (4,673,000 NT, down 17%), Brazil (3,090,000 NT, down 8%), South Korea (2,649,000 NT, down 9%) and Japan (1,278,000 NT, up 13%). AISI

• [Editor:kangmingfei]