U.S. steel imports reached an estimated 2.6 million metric tons in June, the Census Bureau reported today.
The total marked a jump of 13% from the 2.3 million metric tons the U.S. imported in May.
US steel imports rise
Furthermore, through May, U.S. steel imports totaled 10.7 million metric tons, up 7% from 10.0 million through the first five months of 2020.
Pacing the June rise was a jump in imports of blooms, billets and slabs. Imports of the category reached 795,863 metric tons in June, up 31.7% from 604,340 metric tons in May. Meanwhile, the June total rose a whopping 1,000% compared with June 2020.
Imports of oil country goods jumped 35.2% from May to 154,073 metric tons in June.
In addition, imports of hot rolled sheets jumped by 50.7% to 311,461 metric tons in June. Imports of steel rebar rose 12.0% to 94,915 metric tons.