Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,246,000 net tons (NT) of steel in June 2025, including 1,643,000 NT of finished steel (down 9.6 percent and 7.6 percent, respectively, vs. May 2025). Total and finished steel imports are down 4.7 percent and 7.8 percent, respectively, year-to-date vs. 2024. Over the 12-month period July 2024 to June 2025, total and finished steel imports are down 1.2 percent and 1.6 percent, respectively, vs. the prior 12-month period. Finished steel import market share was an estimated 19 percent in June and is estimated at 21 percent over the first six months of 2025.
Key steel products with a significant import increase in June compared to May are reinforcing bars (up 71 percent), wire rods (up 41 percent), cut lengths plates (up 26 percent), standard pipe (up 21 percent) and sheet and strip hot dipped galvanized (up 21 percent). Products with a significant increase in imports over the 12-month period July 2024 to June 2025 compared to the previous 12-month period include tin plate (up 84 percent), wire rods (up 17 percent) and line pipe (up 13 percent).
In June, the largest suppliers were Brazil (422,000 NT, up 5 percent vs. May), Canada (343,000 NT, down 15 percent), Mexico (194,000 NT, down 35 percent), South Korea (180,000 NT, down 42 percent) and Vietnam (136,000 NT, up 40 percent). Over the 12-month period July 2024 to June 2025, the largest suppliers were Canada (5,883,000 NT, down 13 percent compared to the previous 12-months), Brazil (4,565,000 NT, up 4 percent), Mexico (3,353,000 NT, down 12 percent), South Korea (2,742,000 NT, down 3 percent) and Germany (1,253,000 NT, up 31 percent). Below are charts on steel imports by country and estimated finished steel import market share in recent months.
In June, the largest suppliers were Brazil (422,000 NT, up 5 percent vs. May), Canada (343,000 NT, down 15 percent), Mexico (194,000 NT, down 35 percent), South Korea (180,000 NT, down 42 percent) and Vietnam (136,000 NT, up 40 percent). Over the 12-month period July 2024 to June 2025, the largest suppliers were Canada (5,883,000 NT, down 13 percent vs, compared to the previous 12-months), Brazil (4,565,000 NT, up 4 percent), Mexico (3,353,000 NT, down 12 percent), South Korea (2,742,000 NT, down 3 percent) and Germany (1,253,000 NT, up 31 percent).
Published September 2025
