DoC: U.S. steel imports plummet 23% in H1

U.S. steel imports totaled around 10.26 million tonnes in this year's January-June half, marking an on-year decline of 22.8%, according to new data released by the U.S. Census Bureau under the Department of Commerce (DoC).

The steep drop underscores the ongoing impact of protectionist trade measures on one of the world's largest steel-consuming markets, Mysteel Global notes. President Trump doubled tariffs on steel imports to 50% in June last year, a move aimed at further shielding the domestic industry from foreign competition. That has since