The American Institute for International Steel (AIIS) announced Thursday that steel exports increased 2.2 percent in November over October according to government data. David Phelps, President, AIIS said that "despite a decline in shipments to the US' largest export markets, Canada and Mexico, exports rose in November due to increased exports to the EU and non-NAFTA Western Hemisphere countries."
Total steel exports in November 2010 were 1,017,000 nt compared to 995,000 nt in October 2010, a 2.2 percent increase, and an 8.7 percent increase compared to November 2009. According to year-to-date figures, exports increased 32.6 percent compared to 2009, or from 8.4 million nt in 2009 to 11.1 million nt in 2010. Total steel exports in 2010 continued to run ahead of 2009 by 32.6 percent.