With President Donald Trump targeting steel and aluminum as part of his trade policy, here's a breakdown of where the U.S. gets those metals. - REUTERS
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00:00With President Donald Trump targeting steel and aluminum, here's a breakdown of where
00:06the U.S. gets those metals.
00:09Roughly a quarter of all steel in the U.S. is imported from neighbors Mexico and Canada
00:15or overseas allies like Japan, Germany and South Korea.
00:19Canada and Mexico accounted for almost 40 percent of U.S. steel imports in 2024.
00:266.6 million net tons of steel mill products were imported from Canada and 3.5 million
00:32came from Mexico, according to U.S. Census Bureau data via the American Iron and Steel
00:38Institute.
00:39Brazil was the second largest source of steel imports to the U.S. last year.
00:44While China is the world's largest steel producer and exporter, very little of that is sent
00:49to the U.S.
00:51Most Chinese steel was shut out of the market when 25 percent tariffs were imposed in 2018.
00:57Roughly half of all aluminum used in the U.S. is imported, with the vast majority coming
01:02from Canada.
01:03At 3.2 million metric tons last year, Canadian imports are twice the next nine countries
01:09combined, according to the U.S. Department of Commerce.
01:13The next largest sources of imports are the United Arab Emirates, at around 347,000 metric
01:20tons, and China, at around 223,000 metric tons.
01:26The U.S. aluminum smelting industry is small by global standards.
01:31Total smelter capacity in the country was just 1.7 percent of the global total, according
01:36to the U.S. Geological Survey.