US Merchant Final Imports

U.S. Steel Merchant Final Imports: Merchant final imports to the U.S. came in at 35,208 tons in June 2020, an increase of 22% m/m.

Figure 1 further breaks down total merchant final imports from January 2019 – June 2020. When looking at the current year, it shows that merchant imports peaked in January 2020 with 35,865 tons of imports reported.

Figure 2 charts the largest exporting countries in rank order through June 2020.  Mexico and Canada combined account for 87% of the total this month. Mexico was the largest exporter with 19,479 tons; Canadian imports came in at 8,571 tons in June 2020.

Figure 3 charts the largest imports by district of entry into the U.S. in rank order through June 2020. Laredo, TX was the largest receiver of merchants in June, receiving 13,917 tons of the total 35,208 (40%). The Detroit, MI port was the second-largest receiver coming in at 5,132 tons and Houston-Galveston, TX was the third-largest receiver coming in at 3,654 tons. Together, these top three receiving ports collected 64% of all U.S. merchant imports.

 

At Gerdau we closely follow trade in long products steel since it has a profound impact on domestic market share and material pricing. We want you, our valued customers to have access to current information that can help you better plan and operate your businesses.

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