The US reduced its imports of rolled steel products by 18.7% m/m in November

According to the American Iron and Steel Institute (AISI), US steelmakers reduced their imports of rolled steel by 18.7% year-on-year – to 1.08 million tonnes in November 2025.

Total steel imports (rolled products and semi-finished products) for the month fell by 5.2% month-on-month to 1.64 million tons.

The largest volume of imports was accounted for by line pipes – 108,040 tons (+31.6% month-on-month), tinplate – 107.92 thousand tons (+17.5% month-on-month), hot-dip galvanized rolled products – 102.28 thousand tons (-28% month-on-month), and products for the oil industry – 98.89 thousand tons (-24.9% month-on-month). Finished products accounted for 66.2% of total imports for the month.

In January-November, the US reduced its imports of rolled products by 15.4% compared to the same period in 2024, to 17.5 million tons. Total steel imports amounted to 23.66 million tons (-11.5% y/y). The main volumes of supplies are accounted for by products for the oil industry – 1.76 million tons (+15.9% y/y), hot-dip galvanized rolled steel – 1.64 million tons (-41.8% y-o-y) and cold-rolled flat rolled steel – 1.35 million tons (-24.8% y-o-y).

The main sources of steel imports to the US in January-November 2025 were Canada, Brazil, and Mexico – 4.29 million tons (-28.9% y/y), 3.87 million tons (-11.8% y-o-y), and 2.69 million tons (-15.8% y-o-y), respectively.

As reported by GMK Center, 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 decreased by 2.4% compared to 2023, to 79.5 million tons. Global steel production for the year amounted to 1.84 billion tons, down 0.9% year-on-year. The US is among the ten largest steel-producing countries in the world according to World Steel.