US steel exports down 15.3 percent in December

Friday, 09 February 2024 23:15:26 (GMT+3)   |   San Diego

According to export data from the US Department of Commerce, monthly steel exports in December 2023 decreased 15.3 percent from November to total 557,633 mt.

A year-on-year comparison shows a 3.8 percent increase. In terms of value, US steel exports in December totaled $1.02 billion, compared to $1.18 billion in November and $1.04 million in December 2022.

Steel exports to Canada in December decreased 18.8 percent to 238,272 mt, and decreased 2.0 percent from December 2022. Exports to Mexico decreased 10.3 percent month-on-month to 278,103 mt, which is up 13.8 percent from the same month a year ago.

Other top destinations for US steel exports in December include: Australia, with 6,528 mt; China, with 3,852 mt; Pakistan, with 2,240 mt; India, with 1,866 mt; and United Kingdom, with 1,834 mt.

Major steel products exported in December include HDG, at 93,075 mt; cut-length plates, at 64,797 mt; hot rolled sheets, at 67,097 mt; cold rolled sheets, at 47,898 mt; and plates in coil, at 28,190 mt.

Similar articles

Brazilian HDG exports fell 37 pc in July on lack of US shipments, Vietnam imports slip

Moody’s expects Mexico to retain preferential US market access under USMCA

Trump warns EU to fulfill trade commitments by July 4 or face higher tariffs

Brazilian slabs exports soar by 131 percent in April amid rising US and Europe trade

Trump raises tariffs on S. Korean imports to 25% amid trade agreement ratification dispute

Trump drops tariff threat, EU remains cautious on progress of EU-US trade deal

Trump announces new tariffs on European imports over Greenland dispute

US halts Section 301 measures on Chinese ship-related sectors after trade deal

US-Canada talks collapse over Ontario’s Reagan ad, Carney ready to resume talks

Trump threatens 100 percent tariffs on China, calls off meeting with Chinese president