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DoC: U.S. steel imports from China drop 15% in 2024

Source: Mysteel Feb 07, 2025 16:50
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Steel Global Import/Export Macroeconomy
The United States imported 470,197 tonnes of steel products from China for domestic use in 2024, reflecting a notable 15% year-on-year decline, according to a report released by the U.S. Department of Commerce (DoC) on February 5.
However, U.S. steel imports from China saw a significant spike in December at 57,896 tonnes, the statistics show. This represented a huge 88.1% month-on-month increase from November and a 93.4% jump compared to December 2023.   The surge in U.S. imports of Chinese steel was largely driven by concerns among Chinese

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