According to export data from the US Department of Commerce, monthly steel exports in June 2022 increased 0.9 percent from May to total 725,703 mt. A year-on-year comparison shows a 2.9 percent increase. In terms of value, US steel exports in June totaled $1.41 billion, compared to $1.36 billion in May and $1.09 billion in June 2021.
Steel exports to Canada in June decreased 0.9 percent to 358,777 mt, but increased 5.7 percent from June 2021. Exports to Mexico increased 2.8 percent month-on-month to 317,529 mt, which is down 3.2 percent from the same month a year ago.
Other top destinations for US steel exports in June include: Australia, with 2,804 mt; Pakistan, with 2,713 mt; Brazil, with 2,367 mt; UAE, with 2,171 mt; and China, with 2,048 mt.
Major steel products exported in June include HDG, at 107,569 mt; cut-length plates, at 84,484 mt; hot rolled sheets, at 60,509 mt; cold rolled sheets, at 48,708 mt; and plates in coil, at 35,559 mt.