United States steel imports trend

The top four leading steel exporters to the US — Canada, Brazil, South Korea, and Mexico — witnessed a drop in volumes in H1CY’25. For most countries, the percentage drop was steeper in Q2CY’25, following the imposition of the tariff. Canada remained the largest steel supplier in H1 but saw shipments fall 23.6% y-o-y to 2.21 mnt. In Q2, volumes stood at 0.90 mnt, a drop of 31.8% q-o-q and 37% y-o-y.