US steel exports up 22.6 percent in January

Thursday, 28 March 2019 23:53:51 (GMT+3)   |   San Diego

According to export data from the US Department of Commerce, monthly steel exports in January 2019 increased 22.6 percent from December to total 577,484 mt. A year-on-year comparison shows a 23.4 percent decrease. In terms of value, US steel exports in January totaled $861.8 million, compared to $716.0 million in December and $1.05 billion in January 2018.

Steel exports to Canada in January increased 41.3 percent from the preceding month to 252,026 mt, but decreased 35.3 percent from January 2018. Exports to Mexico increased by 17.1 percent month-on-month to 274,036 mt, which is up 0.5 percent from the same month a year ago.

Other top destinations for US steel exports in January include: India, with 4,940 mt; China, with 3,212 mt; Pakistan, with 2,487 mt; Germany, with 2,321 mt; and United Kingdom, with 2,086 mt.

Major steel products exported in January include HDG, at 114,886 mt; cut-length plates, at 72,733 mt; cold rolled sheets, at 44,832 mt; hot rolled sheets, at 43,602 mt; and plates in coils, at 26,326 mt.

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