U.S. Steel Merchant Final Imports
U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 46,509 tons in May 2022, increasing 4.9% month over month (m/m).
Figure 1 further breaks down total merchant imports from January 2019 – May 2022.
Figure 2 charts the largest exporting countries in rank order through May. Mexico and Canada, combined, account for 95% of the total this month. Canada was the largest exporter to the U.S. with 28,421 tons; Mexican imports came in at 15,585 tons.
Figure 3 also charts the largest imports by district of entry into the U.S. in rank order. Detroit, MI was the largest receiver of merchants this month, receiving 18,272 tons of the total. Laredo, TX was next, coming in at 10,853 tons, while Buffalo, NY was the third-largest receiver, coming in at 6,018 tons. Together, these top three receiving ports collected 76% of all U.S. merchant imports.
At Gerdau, we closely follow trade in long product 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.