US steel import license filings fell by 7.6% in September

Since the United States imposed a 25% tariff on imported steel products based on Section 232, the country's imported steel products fell 10.6% year-on-year from January to September this year.

According to the latest steel import monitoring and analysis data released by the US Department of Commerce, US steel imports continued to decline in September, accounting for only 21% of the domestic market.

According to recent data released by The American Iron and Steel Institute, the total number of US steel import license applications in September was 2.73 million short tons, which was 8.7% lower than the actual import volume in August. Statistics) reduced by 7.6%.

In September, the United States imported steel mainly from South Korea, Turkey, Germany, Taiwan and Japan.

From January to September, the amount of steel imported from South Korea by the United States fell by 21%, imports from Japan fell by 12%, and imports from Turkey fell by 49%. In the first nine months, the US imported steel market accounted for 24%.

Source: China Mineral Processing Technology Network

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