Posted on 29 Aug 2025
According to data from the American Iron and Steel Institute (AISI), US steelmakers increased their imports of rolled steel by 1.3% month-on-month – to 1.68 million tonnes in July 2025.
Total steel imports (rolled products and semi-finished products) for the month fell by 0.6% m/m – to 2.24 million tons.
The largest volume of imports was accounted for by products for the oil industry – 172,150 tons (+16.6% month-on-month), hot-dip galvanized rolled products – 154,480 tons (+5.6% month-on-month), tinplate – 136.38 thousand tons (+25.2% m/m), cold-rolled coil – 135.13 thousand tons (+10.7% m/m). Finished products accounted for 75.3% of total imports for the month.
In January-July, the US reduced its imports of rolled products by 8.9% compared to the same period in 2024, to 12.49 million tons. Total steel imports amounted to 16.86 million tons (-5% y/y). The main volumes of supplies are accounted for by products for the oil industry – 1.27 million tons (+18.4% y-o-y), hot-dip galvanized rolled products – 1.13 million tons (-37.8% y-o-y), and cold-rolled flat products – 1.01 million tons (-13.9% y-o-y).
The main sources of steel imports to the US in January-July 2025 are Canada, Brazil, and Mexico – 3.11 million tons (-22.7% y-o-y), 2.88 million tons (-1.6% y-o-y) and 2.03 million tons (-4.5% y-o-y), respectively.
As GMK Center reported earlier, in 2024, the US increased its imports of rolled steel by 3.7% compared to 2023, to 22.5 million tons. Total steel imports (rolled products and semi-finished products) for the year increased by 2.5% y-o-y to 28.86 million tons. The main sources of steel imports to the US in 2024 were Canada, Brazil, and Mexico – 6.56 million tons, 4.49 million tons, and 3.52 million tons, respectively.
Steel production in the US in 2024 fell by 2.4% compared to 2023, to 79.5 million tons. Overall, global steel production for the year amounted to 1.84 billion tons, down 0.9% year-on-year. Thus, the US is among the ten largest steel-producing countries in the world according to World Steel.
Source:GMK Center