The crucial patterns of the global trader’s attraction towards competitive pricing strategies involve ethnic evolution of the modern attributing factors like infrastructure development, technological advancement and increasing trade agreements. The growing construction base and the increasing consumer necessity facilitate the overall import trade rate recording a pivotal GDP value.

The recent data from the international trade and the responsive hike of the foreign trade authorities’ regional shipments towards valuable trade of USA have recorded an annual import trade value of steel worth 42 billion US dollars in USA 2024. This represents a growth rate of over 10% from the value of 2019, indicating a rapid recovery from the pre pandemic level.

Top 10 Steel Import Variants of Usa in 2024

USA’s steel industry, an essential part of the global economy has been recording a boost in its overall import rate. According to the USA Import Data, the top 10 steel import variants of the USA in 2024 are,

• Flat-Rolled Products – Import trade value of Flat-rolled products in USA 2024 – 14 billion US dollars.

• Pipe and Tube Products – Import trade value of Pipe and tube products in USA 2024 – 12 billion US dollars.

• Semi-Finished Products – Import trade value of Semi-finished products in USA 2024 – 9 billion US dollars.

• Stainless Steel – Import trade value of Stainless Steel in USA 2024 – 8 billion US dollars.

• Bars & Rods – Import trade value of Bars & rods in USA 2024 – 7 billion US dollars.

• Wire Products – Import trade value of Wire Products in the USA 2024 – 6 billion US dollars.

• Iron and Steel Structures – Import trade value of Iron and steel structures in USA 2024 – 5 billion US dollars.

• Rails & Railway Materials – Import trade value of Rails & railway materials in USA 2024 – 4 billion US dollars.

• Tin Mill Products – Import trade value of Tin mill products in USA 2024 – 2 billion US dollars.

• Pipes Fittings & Flanges – Import trade value of Pipes fittings & flanges in USA 2024 – 1 billion US dollars.

Top 10 Import Trade Partners of Usa for Steel Imports in 2024

The attractive pricing strategies of the nation facilitating the regional shipments have been contributing a significant value to the annual valuation of the nation. As per the USA Customs Data, the top 10 import trade partners of the nation in 2024 are,

• Canada – According to the Canada Export Data, the valuation of the steel import in the USA 2024 – 15 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Hot Rolled Coils
2. Cold Rolled Coils
3. Hot Rolled Sheets
4. Cold Rolled Sheets
5. Galvanized Steel Coils

• South Korea – According to the South Korea Export Data, the valuation of the steel import in the USA 2024 – 11 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Galvanized Steel Sheets
2. Electro-Galvanized Steel
3. Tin-Plated Steel
4. Tin-Plated Steel
5. Aluminized Steel

• Mexico – According to the Mexico Export Data, the valuation of the steel import in the USA 2024 – 8 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Reinforcing Bars
2. Wire Rods
3. Merchant Bars
4. Light Sections
5. Medium Sections

• Russia – According to the Russia Export Data, the valuation of the steel import in the USA 2024 – 7 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Steel Angles
2. Steel Channels
3. Seamless Pipes
4. Welded Pipes
5. Line Pipes

• Brazil – According to the Brazil Export Data, the valuation of the steel import in the USA 2024 – 6 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Structural Tubes
2. Mechanical Tubes
3. Precision Tubes
4. Boiler Tubes
5. Heat Exchanger Tubes

• Japan – According to the Japan Export Data, the valuation of the steel import in the USA 2024 – 5 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Stainless Steel Coils
2. Stainless Steel Sheets
3. Stainless Steel Plates
4. Stainless Steel Bars
5. Stainless Steel Wire

• Germany – According to the Germany Export Data, the valuation of the steel import in the USA 2024 – 3 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Steel Billets
2. Steel Blooms
3. Steel Slabs
4. Ingots
5. Forgings

• Turkey – According to the Turkey Export Data, the valuation of the steel import in the USA 2024 – 2 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Castings
2. Steel Powder
3. Steel Granules
4. Steel Pellets
5. Direct Reduced Iron

• Taiwan – According to the Taiwan Export Data, the valuation of the steel import in the USA 2024 – 1.5 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Zinc-Coated
2. Aluminum-Coated Steel
3. Tin-Coated Steel
4. Chromium-Coated Steel
5. Nickel-Coated Steel

• Italy – According to the Italy Export Data, the valuation of the steel import in the USA 2024 – 1 billion US dollars.

LEADING IMPORTS FROM CANADA

1. Copper-Coated Steel
2. Molybdenum Steel
3. Vanadium Steel
4. Electrical Steel
5. Ferritic Stainless Steel

FAQ’S

Que. What is the top imported steel of the USA in 2024?
Ans. Flat-rolled products are the top imported steel of the USA in 2024.

Que. Who is the top import trade partner of the USA for steel imports in 2024?
Ans. Canada is the top import trade partner of the USA for steel imports in 2024.

Que. What is the import trade value of steel in the USA in 2024?
Ans. The import trade value of steel in the USA 2024 is 42 billion US dollars.

Que. Where can you get a detailed trade analysis of the steel imports of the USA in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the steel imports of the USA in 2024.

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