Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,186,000 net tons (NT) of steel in December 2022.

This was a 9.8% increase from the 2,262,000 permit tons recorded in December and a 12.7% increase from the December final imports total of 2,203,000.

A comparison of shipments for the full year 2022 to full year 2021 shows the following changes: corrosion-resistant sheet and strip down 8 percent, hot rolled sheet down 10 percent and cold rolled sheet down 15 percent.

Finished Import Market Share YTD at 24%

In the week ending on December 31, 2022, US domestic raw steel production was 1,602,000 net tons while the capability utilization rate was 71.8 percent.

Finished Import Market Share Estimated at 23 Percent in December.

In the week ending on December 17, 2022, domestic raw steel production was 1,627,000 net tons while the capability utilization rate was 72.9 percent.

The American Iron and Steel Institute (AISI) reported that for the month of October 2022, U.S. steel mills shipped 7,210,301 net tons.