According to export data from the US Department of Commerce, monthly steel exports in January 2023 increased 23.1 percent from December to total 661,254 mt. A year-on-year comparison shows a 5.4 percent increase. In terms of value, US steel exports in January totaled $1.23 billion, compared to $1.04 billion in December and $1.15 million in January 2022.
Steel exports to Canada in January increased 30.9 percent to 318,336 mt, and increased 4.7 percent from January 2022. Exports to Mexico decreased 52.4 percent month-on-month to 301,199 mt, which is up 5.8 percent from the same month a year ago.
Other top destinations for US steel exports in January include: Dominican Republic, with 2,901 mt; Brazil, with 2,797 mt; China, with 2,428 mt; United Kingdom, with 2,061 mt; and India, with 1,858 mt.
Major steel products exported in January include HDG, at 106,476 mt; cut-length plates, at 83,578 mt; hot rolled sheets, at 65,301 mt; cold rolled sheets, at 43,252 mt; and plates in coil, at 27,602 mt.