<p>The American Iron and Steel Institute reported that steel import permit applications for the month of March totaled 3,078,000 net tons. This was a 32.0% increase from the 2,333,000 permit tons recorded in February and a 31.1% increase from the February final imports total of 2,348,000 net tons. Import permit tonnage for finished steel in March was 2,578,000 net tons, up 40.2% from the final imports total of 1,840,000 in February.</p><p>Steel imports with large increases in March permits vs. the February final imports include standard pipe up 89%, wire rods up 79%, structural pipe and tubing up 67%, hot rolled sheets up 62% and oil country goods up 56%. In March, the largest steel import permit applications were for Canada at 591,000 net tons up 26% from February final, Mexico 514,000 net tons up 15%, South Korea 337,000 net tons up 55%, Brazil 306,000 net tons up 16% and Vietnam 170,000 net tons up 137%.</p><p>For the first three months of 2022, total and finished steel imports were 8,471,000 net tons and 6,697,000 net tons, up 27.8% and 50.1%, respectively, from the same period in 2021. The estimated finished steel import market share in March was 27% and is 25% year-to-date.</p><p>Products with significant year-to date increases vs the same period in 2021 include wire rods up 145%, oil country goods up 108%, cold rolled sheets up 89%, standard pipe up 67% and sheets and strip galvanized hot dipped up 57%. Through the first three months of 2022, the largest suppliers were Canada at 1,638,000 net tons down 5% from the same period last year, Mexico 1,531,000 net tons up 59% and Brazil 945,000 net tons down 24%.</p>
<p>The American Iron and Steel Institute reported that steel import permit applications for the month of March totaled 3,078,000 net tons. This was a 32.0% increase from the 2,333,000 permit tons recorded in February and a 31.1% increase from the February final imports total of 2,348,000 net tons. Import permit tonnage for finished steel in March was 2,578,000 net tons, up 40.2% from the final imports total of 1,840,000 in February.</p><p>Steel imports with large increases in March permits vs. the February final imports include standard pipe up 89%, wire rods up 79%, structural pipe and tubing up 67%, hot rolled sheets up 62% and oil country goods up 56%. In March, the largest steel import permit applications were for Canada at 591,000 net tons up 26% from February final, Mexico 514,000 net tons up 15%, South Korea 337,000 net tons up 55%, Brazil 306,000 net tons up 16% and Vietnam 170,000 net tons up 137%.</p><p>For the first three months of 2022, total and finished steel imports were 8,471,000 net tons and 6,697,000 net tons, up 27.8% and 50.1%, respectively, from the same period in 2021. The estimated finished steel import market share in March was 27% and is 25% year-to-date.</p><p>Products with significant year-to date increases vs the same period in 2021 include wire rods up 145%, oil country goods up 108%, cold rolled sheets up 89%, standard pipe up 67% and sheets and strip galvanized hot dipped up 57%. Through the first three months of 2022, the largest suppliers were Canada at 1,638,000 net tons down 5% from the same period last year, Mexico 1,531,000 net tons up 59% and Brazil 945,000 net tons down 24%.</p>
