American Iron and Steel Institute, www.steel.org (04-08-25) Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of March totaled 2,314,000 net tons (NT)*. This was a 5.5% increase from the 2,193,000 permit tons recorded in February and a 3.3% increase from the February final imports total of 2,240,000. Import permit tonnage for finished steel in March was 1,638,000, up 0.8% from the final imports total of 1,625,000 in February. For the first three months of 2025 (including March SIMA permits and February final imports), total and finished steel imports were 7,625,000 NT and 5,571,000 NT, up 1.2% and down 1.6%, respectively, from the same period in 2024. The estimated finished steel import market share in March was 19% and is 22% year-to-date (YTD). Steel imports with large increases in March permits vs. February final imports include reinforcing bars (up 62%), tin free steel (up 56%), oil country goods (up 38%), sheets and strip all other metallic coated (up 33%) and structural pipe and tubing (up 29%). Products with significant year-to-date (YTD) increases vs. the same period in 2024 include tin plate (up 94%), line pipe (up 36%), wire rods (up 29%), reinforcing bars (up 19%) and heavy structural shapes (up 18%). In March, the largest steel import permit applications were for Brazil (446,000 NT, unchanged from February final), Canada (396,000 NT, down 18%), Mexico (350,000 NT, up 25%), South Korea (246,000 NT, up 27%) and Taiwan (123,000 NT, up 52%). Through the first three months of 2025, the largest suppliers were Canada (1,526,000 NT, down 13%), Brazil (1,477,000 NT, up 8%) and Mexico (1,101,000 NT, up 9%). *Note that import permits data are counts of tonnages requested in applications for licenses to import steel products and are not actual import volumes. For a number of reasons, permit tonnages may understate or overstate actual import volumes for the month, preliminary estimates of which will be available later this month.
AISI Press Release on Latest U.S. Imports of Steel Products – April 2025
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