According to export data from the US Department of Commerce, monthly steel exports in June 2023 decreased 1.4 percent from May to total 817,691 mt. A year-on-year comparison shows a 12.7 percent increase. In terms of value, US steel exports in June totaled $1.44 billion, compared to $1.49 billion in May and $1.41 million in June 2022.
Steel exports to Canada in June decreased 6.4 percent to 350,595 mt, and decreased 2.3 percent from June 2022. Exports to Mexico increased 4.9 percent month-on-month to 304,305 mt, which is up 33.8 percent from the same month a year ago.
Other top destinations for US steel exports in June include: Dominican Republic, with 4,706 mt; China, with 2,856 mt; Brazil, with 2,663 mt; India, with 2,367 mt; and UAE, with 2,242 mt.
Major steel products exported in June include HDG, at 127,669 mt; cut-length plates, at 107,279 mt; hot rolled sheets, at 96,315 mt; cold rolled sheets, at 67,517 mt; and beams, at 39,895 mt.