US imports fewer HRC in Nov 2024, Canada supplies the most

According to preliminary Census Bureau data from the US Department of Commerce (USDOC), the US imported around 120,400 tons of hot-rolled coils (HRC) in November last year, reflecting a 48% decrease from the preceding month and a 10% drop compared to the same month a year ago.

Among them, imports from Canada took the largest share, totaling roughly 75,400 tons, marking a month-on-month decrease of 11% and a year-on-year fall of 1%. Other major import sources included South Korea (22,000 tons), the Netherlands (9,600 tons), and Mexico (5,900 tons).

In November 2024, US’ HRC imports were valued at roughly US$94 million, down by 32% month on month and by 11% year on year.