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Higher flats volumes lead US steel imports up
Higher volumes of flat steel imports led overall US steel imports higher in July.
- Total US steel imports for consumption were 2.2mn metric tonnes (t) in July, according to preliminary data from the US Department of Commerce.
- Hot-rolled coil (HRC) imports rose by 22,600t from the prior year, driven by a 32,900t jump in Japanese volumes, which were offset slightly by a 9,200t drop from Canada.
- Cold-rolled coil (CRC) volumes were up by 37,000t in July, with Canada exporting 8,800t more than the prior year.
- Hot-dipped galvanized (HDG) coil imports from Brazil jumped by 17,200t from the prior year, while volumes from Mexico rose by 13,000t.
- Volumes of blooms, billets and slabs dropped by 121,900t, as Mexico's volumes dropped to zero from 95,800t in the prior year.
| US steel imports | metric tonnes | ||||
| Product | Jul-24 | Jul-23 | Volume change | ±% | Jun-24 |
| HRC | 156,952 | 134,326 | 22,626 | 16.8% | 156,861 |
| CRC | 172,746 | 135,778 | 36,968 | 27.2% | 113,400 |
| HDG | 233,511 | 165,607 | 67,904 | 41.0% | 238,809 |
| Blooms, billets, slabs | 364,138 | 486,053 | -121,915 | -25.1% | 395,478 |
| Total (all items)* | 2,197,347 | 2,153,126 | 44,221 | 2.1% | 1,955,800 |
| US Department of Commerce | |||||
| July 2024 data is preliminary data, which is subject to change. | |||||
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