US steel imports rose sharply in May 2025, increasing 19.6% from the previous month to reach 2.26 million tons, according to preliminary figures from the US Department of Commerce. Despite the month-on-month rebound, imports were still down 12.9% compared to May 2024, reflecting ongoing market adjustments and trade policy impacts.
The total value of imported steel climbed to $2.39 billion in May, up from $2.19 billion in April but significantly lower than the $3.13 billion recorded in the same month last year. The year-on-year decline suggests continued pressure from tariffs and shifting global supply chains, even as domestic demand remains strong.
Canada led as the top supplier in April with 367,600 tons, followed closely by Brazil at 363,500 tons. South Korea contributed 283,500 tons, Mexico 271,300 tons, Germany 97,500 tons, and Vietnam 88,400 tons. These figures highlight the continued reliance on key trading partners, though future volumes may be affected by new tariff threats and evolving trade dynamics.
The uptick in May imports signals short-term recovery, but the broader trend points to a more cautious and complex outlook for US steel trade heading into the second half of 2025.
