US Merchant Final Imports

U.S. Steel Merchant Final Imports: Merchant final imports to the U.S. came in at 28,234 tons in July 2020, declining 19.8% m/m.

Figure 1 further breaks down total merchant final imports from January 2019 – July 2020. When looking at the current year, it shows that merchant imports peaked in January 2020 with 35,865 tons of imports reported.

Figure 2 charts the largest exporting countries in rank order through July. Mexico and Canada combined account for 91% of the total this month. Mexico was the largest exporter with 18,460 tons; Canadian imports came in at 7,252 tons for July.

Figure 3 charts the largest imports by district of entry into the U.S. in rank order through July. Laredo, TX was the largest receiver of merchants this month, receiving 13,123 tons of the total 28,234 (46%). The Detroit, MI port was the second-largest receiver coming in at 4,801 tons and El Paso, TX was the third-largest receiver coming in at 4,110 tons. Together, these top three receiving ports collected 78% of all U.S. merchant imports.

At Gerdau we closely follow trade in long products steel since it has a profound impact on domestic market share and material pricing. We want you, our valued customers to have access to current information that can help you better plan and operate your businesses.

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