US steel exports down 9.7 percent in September

Tuesday, 08 November 2022 22:08:26 (GMT+3)   |   San Diego

According to export data from the US Department of Commerce, monthly steel exports in September 2022 decreased 9.7 percent from August to total 656,246 mt. A year-on-year comparison shows a 1.1 percent decrease. In terms of value, US steel exports in September totaled $1.26 billion, compared to $1.38 billion in August and $1.12 billion in September 2021.

Steel exports to Canada in September decreased 58.3 percent to 302,734 mt, and decreased 54.4 percent from September 2021. Exports to Mexico decreased 11.1 percent month-on-month to 308,319 mt, which is down negligibly from 308,375 mt the same month a year ago.

Other top destinations for US steel exports in September include: Brazil, with 3,336 mt; China, with 2,934 mt; Dominican Republic, with 2,433 mt; India, with 2,118 mt; and Italy, with 2,092 mt.

Major steel products exported in September include HDG, at 99,346 mt; cut-length plates, at 94,152 mt; hot rolled sheets, at 48,132 mt; cold rolled sheets, at 48,141 mt; and plates in coil, at 29,241 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