Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,239,000 net tons (NT) of steel in July 2025, including 1,686,000 NT of finished steel (down 0.6 percent and up 1.3 percent, respectively, vs. June 2025). Total and finished steel imports are down 5.0 percent and 8.9 percent, respectively, year-to-date vs. 2024. Over the 12-month period August 2024 to July 2025, total and finished steel imports are down 2.0 percent and 3.8 percent, respectively, vs. the prior 12-month period.
Finished steel import market share was an estimated 19 percent in July and is estimated at 20 percent over the first seven months of 2025.
Key steel products with a significant import increase in July compared to June are sheets and strip all other metallic coated (up 92 percent), heavy structural shapes (up 32 percent), tin plate (up 25 percent), mechanical tubing (up 19 percent) and oil country goods (up 17 percent). Products with a significant increase in imports over the 12-month period August 2024 to July 2025 compared to the previous 12-month period include tin plate (up 71 percent), line pipe (up 16 percent) and wire rods (up 11 percent).
In July, the largest suppliers were South Korea (331,000 NT, up 83 percent vs. June), Brazil (301,000 NT, down 29 percent), Canada (301,000 NT, down 13 percent), Mexico (254,000 NT, up 42 percent) and Taiwan (131,000 NT, up 10 percent). Over the 12-month period August 2024 to July 2025, the largest suppliers were Canada (5,644,000 NT, down 16 percent, compared to the previous 12-months), Brazil (4,453,000 NT, up 1 percent), Mexico (3,422,000 NT, down 7 percent), South Korea (2,870,000 NT, down 1 percent) and Germany (1,253,000 NT, up 30 percent).
Published October 2025