US raw material imports rebound in May versus April

The United States' imports of steelmaking raw materials increased by 16.1% sequentially in May after slipping in April, with an uptick in flows of pig iron offsetting declines in those of ferrous scrap and direct-reduced iron (DRI), according to the latest US Census Bureau figures.

Raw material imports totaled 751,732 tonnes in May, up from 647,529 tonnes in April but down from 784,562 tonnes in March. US imports of pig iron jumped by 37.8% month on month in May, to 509,109 tonnes from 369,500 tonnes.  This offset the impact of a 2.6% drop in ferrous scrap imports to 200,818 tonnes from 206,256 tonnes and a 41.8% decline in DRI inflows to 41,805 tonnes from 71,773 tonnes in the same...

Published

Sean Barry

July 16, 2020

21:27 GMT

New York