US steel exports down 1.7 percent in March

Monday, 13 May 2019 19:50:22 (GMT+3)   |   San Diego
       

According to export data from the US Department of Commerce, monthly steel exports in March 2019 decreased 1.7 percent from February to total 534,384 mt. A year-on-year comparison shows a 32.2 percent decrease. In terms of value, US steel exports in March totaled $848.0 million, compared to $818.4 million in February and $1.11 billion in March 2018.

Steel exports to Canada in March increased 6.6 percent from the preceding month to 235,884 mt, but decreased 43.9 percent from March 2018. Exports to Mexico decreased by 8.5 percent month-on-month to 233,760 mt, which is down 13.1 percent from the same month a year ago.

Other top destinations for US steel exports in March include: India, with 6,252 mt; China, with 4,793 mt; Dominican Republic, with 4,640 mt; Belgium, with 3,602 mt; and Korea, with 3,213 mt.

Major steel products exported in March include HDG, at 102,303 mt; cut-length plates, at 51,903 mt; cold rolled sheets, at 45,322 mt; hot rolled sheets, at 36,623 mt; and heavy structural shapes (beams), at 26,331 mt.


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