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The US steel industry is heading for imports: demand for flat rolled products is growing

Ferrous metallurgy

According to the results of March 2025, US metallurgical enterprises increased imports of rolled metal by 11.9% compared to the previous month, to 1.82 million tons. This is evidenced by data from the American Institute of Cast Iron and Steel (AISI)

The US steel industry is heading for imports: demand for flat rolled products is growing

According to the results of March 2025, US metallurgical enterprises increased imports of rolled metal by 11.9% compared to the previous month, to 1.82 million tons. This is evidenced by data from the American Institute of Cast Iron and Steel (AISI).

Total steel imports (rolled products and semi–finished products) increased by 11.4% m/m over the month to 2.49 million tons.

The largest volume of imports falls on flat hot–dip galvanized products – 186.11 thousand tons (+7.4% m3/m), flat cold–rolled products - 162.79 thousand tons (+23.2% M3/M), flat hot-rolled products - 133.18 thousand tons (-11.5% M3/M), products for the oil industry – 158.71 thousand tons (+40.5% M/M). The volume of finished products in the total volume of imports for the month amounted to 72.9%.

In January-March, the United States increased imports of rolled products by 1.6% compared to the same period in 2024, to 5.75 million tons. Total steel imports amounted to 7.81 million tons (+3.6% YoY). The main supply volumes are for hot–dip galvanized flat rolled products – 571.28 thousand tons (-22.4% YoY), products for the oil industry – 534.96 thousand tons (+5.4% YoY), and cold-rolled flat rolled products - 486.05 thousand tons. tons (+4.5% YoY).

The main sources of steel imports to the United States in January-March 2025 are Canada, Brazil and Mexico – 1.62 million tons (-7.8% YoY), 1.46 million tons (+6.9% YoY) and 1.14 million tons (+12.9% YoY) accordingly.

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