US Merchant Final Imports
U.S. Steel Merchant Final Imports: Merchant final imports to the U.S. came in at 33,845 tons in November 2020, decreasing 6% m/m.
Figure 1 further breaks down total merchant final imports from January 2019 – November 2020. When looking at the current year, it shows that merchant imports peaked last month in October with 36,008 tons of imports reported.
Figure 2 charts the largest exporting countries in rank order through November. Mexico and Canada combined account for 90% of the total this month. Mexico was the largest exporter with 18,130 tons; Canadian imports came in at 12,300 tons for November.
Figure 3 charts the largest imports by district of entry into the U.S. in rank order through November. Laredo, TX was the largest receiver of merchants this month, receiving 13,631 tons of the total. The Detroit, MI port was the second-largest receiver coming in at 8,620 tons and El Paso, TX was the third-largest receiver coming in at 2,785 tons. Together, these top three receiving ports collected 74% 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.