US Merchant Final Imports
U.S. Steel Merchant Final Imports: Merchant final imports to the U.S. came in at 30,933 tons in September 2020, increasing 31% m/m.
Figure 1 further breaks down total merchant final imports from January 2019 – September 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 September. Mexico and Canada combined account for 93% of the total this month. Mexico was the largest exporter with 20,566 tons; Canadian imports came in at 8,242 tons for September.
Figure 3 charts the largest imports by district of entry into the U.S. in rank order through September. Laredo, TX was the largest receiver of merchants this month, receiving 17,998 tons of the total 30,933 (58%). The Detroit, MI port was the second-largest receiver coming in at 6,014 tons and San Diego, CA was the third-largest receiver coming in at 2,342 tons. Together, these top three receiving ports collected 85% 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.