U.S. oil and natural gas producers imported $4.1 billion of casing, pipes, and tubing in 2024

The U.S. oil and natural gas industry uses both domestic and imported steel products in its operations. In 2024, the U.S. oil and natural gas industry imported $4.1 billion of casing, drill, line, and pipe tubing. Most of these imports came from South Korea (24%), Canada (11%), Japan (10%), and Mexico (8%). Many of these products are specialized with few or no domestic substitutes.