Market Update





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May 2022

­­U.S. Steel Capacity Utilization: The total tonnage for the week ending April 30th was 1.775 million net tons, at a capacity utilization rate of 81.3%. The year-to-date tonnage output is 31.874 million net tons, at an average capacity utilization rate of 80.6%. In 2021, the same output total was 29.588 million net tons, at an average capacity utilization of 76.9%.

April 2022

U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 153,272 tons for the month of February 2022, up 103% m/m. Algeria was the largest exporter of rebar with 76,887 tons this month (50.2%).
U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 38,536 tons in February 2022, decreasing 11.4% month over month (m/m). Mexico and Canada, combined, account for 96% of the total this month. Mexico was the largest exporter to the U.S. with 21,366 tons; Canadian imports came in at 15,622 tons.
U.S. Fabricated Beam Final Imports: Final fabricated beam imports to the U.S. came in at 39,148 tons in February 2022, decreasing 13% month over month (m/m). Mexico was the largest exporter of fabricated beams with 16,365 tons this month (42%).
U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 29,642 tons for February 2022, up 36% since last month. South Korea was the largest exporter of beams with 10,331 tons this month (35%).
­­U.S. Steel Capacity Utilization: The total tonnage for the week ending March 26th was 1.726 million net tons, at a capacity utilization rate of 79.4%. The year-to-date tonnage output is 23.059 million net tons, at an average capacity utilization rate of 80.8%. In 2021, the same output total was 22.510 million net tons, at an average capacity utilization of 76.6%.
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