DoC: U.S. Q1 steel imports plunge 35% YoY despite March uptick

U.S. steel imports posted a sharp year-on-year decline in this year's January-March quarter, despite a modest monthly increase in March, according to data released by the U.S. Census Bureau under the Department of Commerce (DoC).

In the January-March quarter, the United States imported a total of 4.63 million tonnes of steel products, marking a sharp decline of 34.7% compared with the rush in the first three months of last year ahead of Donald Trump's imposition of a 25% duty on all steel imports that