According to the American Iron and Steel Institute (AISI), March 2026 preliminary steel import permit applications rose 6.6% from February to 1,773,000 net tons.
March 2026 Import Highlights
- Finished Steel Permits: 1,313,000 net tons (+10.8% from February).
- Market Share: Estimated at 16% for March.
- Year-to-Date (YTD): Total imports for Q1 2026 fell 34.7% compared to the same period in 2025.
Product & Country Trends
- Product Increases: March saw significant permit increases in plates in coils, cut lengths plates, and hot rolled sheets.
- Primary Sources (February Data): Per Census Bureau data, top import sources were South Korea, Brazil, and Canada.
Recent Policy Impact
On April 2, 2026, the White House announced strengthened Section 232 tariffs on steel, aluminum, and copper, citing national security and global overcapacity.
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