Market Update





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October 2022

U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 46,162 tons in July 2022, decreasing 10.1% month over month (m/m). Canada was the largest exporter to the U.S. with 20,465 tons; Mexican imports came in at 20,311 tons. Laredo, TX was the largest receiver of merchants this month, receiving 13,744 tons of the total.

September 2022

U.S. Fabricated Beam Final Imports: Final fabricated beam imports to the U.S. came in at 48,775 tons in July 2022, decreasing 18% month over month (m/m). Mexico was the largest exporter of fabricated beams with 16,849 tons this month (35%). The Laredo, TX port was the largest receiver of fabricated beams this month, receiving 9,953 tons.
U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 24,537 tons for July 2022, down 57% since last month. South Korea was the largest exporter of beams with 10,187 tons this month (42%). The Houston-Galveston, TX port was the largest receiver of beams this month, receiving 9,629 tons.
U.S. Steel Capacity Utilization: The total tonnage for the week ending August 27th was 1.747 million net tons, at a capacity utilization rate of 79.3%. The year-to-date tonnage output is 61.771 million net tons, at an average capacity utilization rate of 80.5%. In 2021, the same output total was 62.714 million net tons, at an average capacity utilization of 79.8%.

August 2022

U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 109,672 tons for the month of June 2022, down 51% m/m. Algeria was the largest exporter of rebar with 39,101 tons this month (36%). The Houston-Galveston, TX port was the largest receiver of rebar this month, receiving 44,818 tons.
U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 51,328 tons in June 2022, increasing 10.4% month over month (m/m). Mexico was the largest exporter to the U.S. with 23,457 tons; Canadian imports came in at 22,915 tons. Laredo, TX was the largest receiver of merchants this month, receiving 17,456 tons of the total.
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