U.S. Steel Imports Up 43% in 2021; Russia a Main Source of Growth

SUGAR LAND--March 3, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Steel imports in the U.S. were up 43% in 2021 compared with 2020, the American Iron and Steel Institute (AISI) reported last week. Russia was a significant reason for the growth, leading all other countries with a 280% year-over-year increase in steel exports to the U.S.--although Russia's invasion of Ukraine could potentially impact continued trade between the two countries.