Tariff Monitor
U.S. Imports of Steel flat-rolled products From South Korea
In 2025, U.S. importers brought in $912.2M of steel flat-rolled products from South Korea, paying an effective tariff rate of 27.33%. That makes South Korea the 2nd-largest named source of this family, at 13.8% of tracked steel flat-rolled products imports. The family-wide effective rate is 23.88%, so South Korea's goods pay 3.4 points more than average. Freight and insurance add 8.96% on top of customs value. Tracked-family figures are a floor on total bilateral trade, from USITC DataWeb data.
The current reading
- Import value: $912.2M of steel flat-rolled products from South Korea in 2025, customs value.
- Effective tariff rate: 27.33%, calculated duties ÷ customs value, 3.4 points above the 23.88% family average.
- Share of the family: 13.8%, #2 named source of steel flat-rolled products.
- Freight and insurance: 8.96% of customs value, on top of the duty.
- History depth: 12 years of annual named-source boards.
Frequently asked questions
- What tariff does the U.S. charge on steel flat-rolled products from South Korea? In 2025, steel flat-rolled products imported from South Korea paid an effective tariff rate of 27.33%, calculated as duties collected divided by customs value, which captures Section 301/232 overlays and program use that statutory rates miss.
- How much steel flat-rolled products does the U.S. import from South Korea? The U.S. imported $912.2M of steel flat-rolled products from South Korea in 2025, 13.8% of the tracked steel flat-rolled products it imports, ranking South Korea the 2nd-largest named source. The chart above traces the full history.
- What does freight add on steel flat-rolled products from South Korea? Cost, insurance, and freight ran 8.96% of customs value on steel flat-rolled products from South Korea in 2025. That stacks on the duty, so the landed cost runs higher than the effective rate alone implies.
About this data
- Reference statistics derived from USITC published data. Not a customs ruling; verify rates with a licensed customs broker before relying on them.
Last reviewed 2026-05-12.