US’ imported steel coils drop in Nov 2020

According to the final Census Bureau data from the US Department of Commerce (USDOC), the US imported around 45,700 tons of steel coils in November 2020, slightly dropping by 0.2% compared to the previous month and also down by 24.7% from the same month a year earlier.

Among them, the imports from Canada accounted for the largest proportion, totaling roughly 28,386 tons, a month-on-month decrease of 18.2% and a year-on-year reduction of 32.1%. Other import sources included Germany (around 7,400 tons), the Netherlands (around 6,600 tons), and South Korea (around 2,300 tons).