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According to the latest data from the U.S. Census Bureau, under the U.S. Department of Commerce (DoC), U.S. steel imports in May 2026 reached approximately 1.99 million metric tons. S420GD+Z Hot dip galvanized steel ,This represents an increase of 255,000 metric tons from April—a month-on-month rise of 14.7%—but a decrease of 270,300 metric tons compared to the same period last year, marking a year-on-year decline of 12%.
Based on calculations by Mysteel using U.S. Department of Commerce data, the total value of U.S. steel imports in May reached $1.96 billion, an 11.4% increase from the previous month, with an average import price of approximately $986 per metric ton.
Market observers note that the month-on-month rebound in U.S. steel imports in May was primarily driven by increased arrivals from Brazil, South Korea, and Japan. S420GD+Z Hot dip galvanized steel ,This growth is more likely a reflection of a return to normal order and delivery patterns following an unusually low volume of imports in April, rather than a fundamental recovery in U.S. steel demand.
In terms of source countries, U.S. steel imports from Brazil in May reached 300,000 metric tons—a significant 53.6% increase from the previous month, though still down 17.5% year-on-year. South Korea was the largest source of U.S. steel imports that month, supplying 362,200 metric tons, an increase of 37.2% month-on-month. Steel exports from Japan to the U.S. totaled 128,600 metric tons, a sharp 90.6% surge compared to April.
In contrast, U.S. steel imports from Spain, Australia, and Austria saw notable declines. Imports from Spain fell 70.3% month-on-month to 10,400 metric tons; imports from Australia dropped 98.8% to just 221 metric tons; and imports from Austria decreased by 38.2% to 17,000 metric tons.
From January to May of this year, the United States imported approximately 8.35 million tons of steel—a decrease of 2.89 million tons, or 25.7%, compared to the same period last year. The corresponding period last year had not yet been fully impacted by the 50% tariff on steel imports. In June 2025, the U.S. government raised the tariff on steel imports from 25% to 50%; since then, the price competitiveness of foreign steel in the U.S. market has weakened, keeping import volumes under persistent pressure.
During the same period, the total value of U.S. steel imports fell by 33.9% year-on-year to $8.33 billion—a sharper decline than that seen in import volume. S420GD+Z Hot dip galvanized steel ,Based on these figures, the average import price of steel in the U.S. over the first five months dropped by approximately 11% year-on-year, reflecting the continued price pressure within the global steel market.
