Which country imports the most steel?
Iron and Steel Importers By Country
| Rank | Country | Iron/Steel Imports in USD |
|---|---|---|
| 1 | United States | $49,418,439,000.00 |
| 2 | Germany | $31,546,209,685.00 |
| 3 | China | $22,472,855,000.00 |
| 4 | South Korea | $21,210,070,702.00 |
Which country is the largest exporter of steel?
China
China was the world’s largest steel exporter in 2019. In 2019, China exported 62.0 million metric tons of steel, a 7.3 percent decrease from 66.9 million metric tons in 2018.
How much do we import and export?
In 2019, the total U.S. trade with foreign countries was $5.6 trillion. 1 That was $2.5 trillion in exports and $3.1 trillion in imports of both goods and services.
Who imports steel?
In 2020, the U.S. imports for consumption of steel products mostly originated from Canada, reaching close to 4 billion U.S. dollars….
| Characteristic | Imports in million U.S. dollars |
|---|---|
| Germany | 1,116.71 |
| Taiwan | 606.59 |
| China | 464.88 |
| Italy | 364.48 |
Where do we import steel from?
The majority of United States’ imports of semi-finished steel came from Brazil in 2019, at 61 percent (4.3 million metric tons). Mexico and Russia were also major sources of semi-finished steel at 21 percent (1.5 million metric tons), and 10 percent (737 thousand metric tons), respectively.
Which country produces the best quality steel?
Which Countries are the World’s Top Five Steel Producers?
- China. Crude Steel Production: 803.83 million tons.
- Japan. Crude Steel Production: 166.18 million tons.
- India. Crude Steel Production: 89.58 million tons.
- United States. Crude Steel Production: 78.92 million tons.
- Russia. Crude Steel Production: 71.11 million tons.
Where can I find US steel imports data?
Steel Repor t (FT900A) provides detailed data on U.S. imports for consumption by steel category and country. Preliminary and final data are released monthly. USA Trade Online, an online subscription service, provides U.S. import statistics of commodities at the 2, 4, 6 and 10-digit Harmonized Schedule (HS) level.
How does Simsima provide information on steel imports?
SIMA, through the import monitor, provides an early indication on steel imports by publishing near real-time aggregate data on steel mill imports into the United States. These data incorporate information collected from steel license applications and publicly released Census data.
What is the new steel import monitoring and analysis system?
By design, this information provides stakeholders valuable information on steel trade with the United States. In late 2020, Commerce launched the modernized Steel Import Monitoring and Analysis (SIMA) system, which is comprised of the new steel import licensing application platform and an interactive public SIMA monitor.
What data is included in the steel trade data?
These data incorporate information collected from steel license applications and publicly released Census data. The data are displayed in tables and graphs for users to analyze various levels and changes in steel trade involving the United States.