The American Iron & Steel Institute has reported that the US imported a total of 2.403 million net tons of steel in October 2022, including 1.955 million net tons of finished steel, up 7.2% MoM and 5.1% MoM respectively. Total and finished steel imports are up 3.7% and 19.1%, respectively, year-to-date vs 2021. Key steel products with a significant import increase in October compared to September are heavy structural shapes (up 94%), cut length plates (up 21%), hot rolled bars (up 20%), wire rods (up 20%) and ingots and billets and slabs (up 18%).In October, the largest suppliers were Canada (561,000 NT, up 4% vs. September), Mexico (422,000 NT, up 34%), South Korea (202,000 NT, down 34%), Brazil (202,000 NT, up 7%) and Germany (108,000 NT, up 40%).Over the 12-month period November 2021 to October 2022, total and finished steel imports are up 13.5% and 26.8%, respectively, vs. the prior 12-month period. Finished steel import market share was an estimated 23% in October and is estimated at 24% over the first ten months of 2022.Products with a significant increase in imports over the 12-month period November 2021 to October 2022 compared to the previous 12-month period include oil country goods (up 60%), heavy structural shapes (up 56%), standard pipe (up 49%), line pipe (up 49%) and wire rods (up 48%).Over the 12-month period November 2021 to October 2022, the largest suppliers were Canada (6,896,000 NT, up 2% compared to the previous 12-months), Mexico (5,645,000 NT, up 33%), South Korea (2,909,000 NT, up 11%), Brazil (2,775,000 NT, down 31%) and Japan (1,266,000 NT, up 32%). Below are charts on steel imports by country and estimated finished steel import market share in recent months.