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

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. Most of the imports in 2024 came from South Korea (24%), Canada (11%), Japan (10%), and Mexico (8%) and many of these products are specialized with few or no domestic substitutes.