US steel exports rise 6.5 percent in June

Tuesday, 07 August 2018 21:12:36 (GMT+3)   |   San Diego
       

According to export data from the US Department of Commerce, monthly steel exports in June 2018 increased 6.5 percent from May to total 828,900 mt. A year-on-year comparison shows a 0.3 percent increase. In terms of value, US steel exports in June totaled $1.21 billion, compared to $1.14 billion in May and $1.06 billion in June 2017.

Steel exports to Canada in June increased 22.6 percent from the preceding month to 470,084 mt, and increased 20.2 percent from June 2017. Exports to Mexico decreased by 13.5 percent month-on-month to 264,898 mt, which is down 23.6 percent from the same month a year ago.

Other top destinations for US steel exports in June include: Malta, with 18,312 mt; Italy, with 8,439 mt; China, with 8,249 mt; India, with 5,690 mt; and Korea, with 4,060 mt.

Major steel products exported in June include HDG, at 106,992 mt; cut-length plates, at 83,096 mt; hot rolled bars, at 60,909 mt; hot rolled sheets, at 57,917 mt; and rebar, at 46,074 mt.


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