US steel imports increased 19.6% month-on-month in May 2025, reaching 2.26 million tons, according to preliminary data from the US Department of Commerce. Despite this increase, imports declined 12.9% year-on-year. The total value of steel imports reached $2.39 billion, compared to $2.19 billion in April and $3.13 billion in May of the previous year. The main sources of US steel imports in April were Canada (367.6 thousand tons), Brazil (363.5 thousand tons), South Korea (283.5 thousand tons), Mexico (271.3 thousand tons), Germany (97.5 thousand tons), and Vietnam (88.4 thousand tons). Imports were distributed by product category as follows:
Product | May 2025 (thousand tons) | April 2025 (thousand tons) | May 2024 (thousand tons) |
Semi-finished | 627.6 | 412.5 | 546.6 |
Flat | 735.9 | 652.7 | 1,012.1 |
Long | 340.3 | 318.9 | 487.7 |
Pipes | 460.7 | 419.3 | 450.2 |
The American Iron and Steel Institute (AISI) reported that the share of imports in the domestic market reached 20%, unchanged from April.