The US increased its imports of rolled steel to 1.68 million tons in July

According to data from the American Iron and Steel Institute (AISI), US steelmakers increased their imports of rolled steel by 1.3% month-on-month – to 1.68 million tonnes in July 2025.

Total steel imports (rolled products and semi-finished products) for the month fell by 0.6% m/m – to 2.24 million tons.

The largest volume of imports was accounted for by products for the oil industry – 172,150 tons (+16.6% month-on-month), hot-dip galvanized rolled products – 154,480 tons (+5.6% month-on-month), tinplate – 136.38 thousand tons (+25.2% m/m), cold-rolled coil – 135.13 thousand tons (+10.7% m/m). Finished products accounted for 75.3% of total imports for the month.

In January-July, the US reduced its imports of rolled products by 8.9% compared to the same period in 2024, to 12.49 million tons. Total steel imports amounted to 16.86 million tons (-5% y/y). The main volumes of supplies are accounted for by products for the oil industry – 1.27 million tons (+18.4% y-o-y), hot-dip galvanized rolled products – 1.13 million tons (-37.8% y-o-y), and cold-rolled flat products – 1.01 million tons (-13.9% y-o-y).

The main sources of steel imports to the US in January-July 2025 are Canada, Brazil, and Mexico – 3.11 million tons (-22.7% y-o-y), 2.88 million tons (-1.6% y-o-y) and 2.03 million tons (-4.5% y-o-y), respectively.

As GMK Center reported earlier, in 2024, the US increased its imports of rolled steel by 3.7% compared to 2023, to 22.5 million tons. Total steel imports (rolled products and semi-finished products) for the year increased by 2.5% y-o-y to 28.86 million tons. The main sources of steel imports to the US in 2024 were Canada, Brazil, and Mexico – 6.56 million tons, 4.49 million tons, and 3.52 million tons, respectively.

Steel production in the US in 2024 fell by 2.4% compared to 2023, to 79.5 million tons. Overall, global steel production for the year amounted to 1.84 billion tons, down 0.9% year-on-year. Thus, the US is among the ten largest steel-producing countries in the world according to World Steel.