US steel exports up 12.7 percent in March

Monday, 08 May 2023 20:58:05 (GMT+3)   |   San Diego
       

According to export data from the US Department of Commerce, monthly steel exports in March 2023 increased 12.7 percent from February to total 804,182 mt. A year-on-year comparison shows a 5.1 percent increase. In terms of value, US steel exports in March totaled $1.42 billion, compared to $1.25 billion in February and $1.43 million in March 2022.

Steel exports to Canada in March increased 10.9 percent to 389,501 mt, and increased 2.6 percent from March 2022. Exports to Mexico increased 14.2 percent month-on-month to 362,714 mt, which is up 7.4 percent from the same month a year ago.

Other top destinations for US steel exports in March include: India, with 4,729 mt; China, with 3,409 mt; Dominican Republic, with 2,655 mt; United Kingdom, with 2,437 mt; and Brazil, with 2,353 mt.

Major steel products exported in March include HDG, at 122,291 mt; cut-length plates, at 105,494 mt; hot rolled sheets, at 73,301 mt; cold rolled sheets, at 58,678 mt; and plates in coil, at 40,311 mt.


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