According to export data from the US Department of Commerce, monthly steel exports in July 2023 decreased 6.3 percent from June to total 766,237 mt. A year-on-year comparison shows a 13.8 percent increase. In terms of value, US steel exports in July totaled $1.34 billion, compared to $1.44 billion in June and $1.31 million in July 2022.
Steel exports to Canada in July decreased 2.8 percent to 340,694 mt, and increased 8.9 percent from July 2022. Exports to Mexico decreased 10.4 percent month-on-month to 380,652 mt, which is up 20.8 percent from the same month a year ago.
Other top destinations for US steel exports in July include: Dominican Republic, with 6,973 mt; Brazil, with 3,711 mt; China, with 2,526 mt; India, with 2,309 mt; and Germany, with 1,441 mt.
Major steel products exported in July include HDG, at 120,010 mt; cut-length plates, at 99,277 mt; hot rolled sheets, at 82,599 mt; cold rolled sheets, at 71,674 mt; and beams, at 34,568 mt.