U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 43,233 tons in February 2024, decreasing 24% month over month (m/m).

Figure 1 further breaks down total merchant imports from January 2022 – February 2024.

Figure 2 charts the largest exporting countries in rank order through February. Mexico and Canada, combined, account for 91% of the total this month. Mexico was the largest exporter to the U.S. with 23,121 tons; Canadian imports came in at 16,148 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 17,912 tons of the total. Detroit, MI was next, coming in at 10,188 tons, while El Paso, TX was the third-largest receiver, coming in at 4,342 tons. Together, these top three receiving ports collected 75% of all U.S. merchant imports.

Please note the format of Figure 2 and Figure 3 has changed. Countries are listed alphabetically left to right and month/year is on the y-axis. There are listed totals YTD for each country and district of entry, respectively.

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.