U.S. Steel Merchant Final Imports
U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 54,829 tons in August 2022, increasing 19% month over month (m/m).
Figure 1 further breaks down total merchant imports from January 2019 – August 2022.
Figure 2 charts the largest exporting countries in rank order through August. Mexico and Canada, combined, account for 95% of the total this month. Mexico was the largest exporter to the U.S. with 28,291 tons; Canadian imports came in at 23,954 tons.
Figure 3 also charts the largest imports by district of entry into the U.S. in rank order. Laredo, TX was the largest receiver of merchants this month, receiving 19,402 tons of the total. Detroit, MI was next, coming in at 15,108 tons, while El Paso, TX was the third-largest receiver, coming in at 6,443 tons. Together, these top three receiving ports collected 75% 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.