Preliminary: US imports for consumption of steel products

The U.S. Census Bureau announced today that preliminary September steel imports were $2.3 billion (1.9 million metric tons) compared to the preliminary August totals of $2.6 billion (2.1 million metric tons).

The September change in steel imports based on metric tonnage reflected decreases in blooms, billets, and slabs. Increases occurred in hot rolled bars and tin-free steel. Decreases occurred primarily with Brazil. Increases occurred primarily with Mexico.

The year-to-date final statistics through August 2024 showed steel imports of 18.3 million metric tons compared with 17.9 million metric tons through August 2023. The largest commodity increases occurred with galvanized hot dipped sheets and strips. Decreases occurred with oil country goods. The largest country increases occurred primarily with Brazil. Decreases occurred primarily with Mexico.

The October report is scheduled for release on November 26, 2024. View the full schedule at: <www.census.gov/foreign-trade/schedule.html>. The full text and tables for this release can be found at <www.census.gov/foreign-trade/Press-Release/steel_prelim.html>.

EXPLANATORY NOTES

The data in this report are preliminary and subject to revisions. Analysis of recent months for steel product imports indicate the value of preliminary data should equal about 96 percent of the final value reported in the regular monthly trade statistics report. Preliminary data reported for individual steel categories and at the individual country of origin level have been less consistently predictive of the final data reported in the regular monthly trade statistics. For further details, visit our web site at <www.census.gov/trade>. On the website, you can access product by country and country by product tables.

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