U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 47,822 tons in March 2024, increasing 11% month over month (m/m).

Figure 1 further breaks down total merchant imports from January 2022 – March 2024.

Figure 2 charts the largest exporting countries in rank order through March. Mexico and Canada, combined, account for 92% of the total this month. Mexico was the largest exporter to the U.S. with 26,041 tons; Canadian imports came in at 18,022 tons.

Figure 3 also charts the largest imports by district of entry into the U.S. in rank order. Laredo, TX was the largest receiver of merchants this month, receiving 21,204 tons of the total. Detroit, MI was next, coming in at 11,129 tons, while Buffalo, NY was the third-largest receiver, coming in at 4,125 tons. Together, these top three receiving ports collected 76% of all U.S. merchant imports.

Please note the format of Figure 2 and Figure 3 has changed. Countries are listed alphabetically left to right and month/year is on the y-axis. There are listed totals YTD for each country and district of entry, respectively.

At Gerdau, we closely follow trade in long product 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.