US steel exports up 4.6 percent in May

Wednesday, 10 July 2019 21:59:23 (GMT+3)   |   San Diego

According to export data from the US Department of Commerce, monthly steel exports in May 2019 increased 4.6 percent from April to total 571,624 mt. A year-on-year comparison shows a 26.5 percent decrease. In terms of value, US steel exports in May totaled $882.5 million, compared to $830.4 million in April and $1.14 billion in May 2018.

Steel exports to Canada in May increased 2.0 percent from the preceding month to 236,112 mt, and decreased 38.4 percent from May 2018. Exports to Mexico increased by 6.9 percent month-on-month to 270,190 mt, which is down 11.8 percent from the same month a year ago.

Other top destinations for US steel exports in May include: India, with 6,312 mt; Brazil, with 4,020 mt; China, with 3,876 mt; Korea, with 3,524 mt; and Chile, with 3,310 mt.

Major steel products exported in May include HDG, at 105,504 mt; cut-length plates, at 68,874 mt; hot rolled sheets, at 40,712 mt; cold rolled sheets, at 37,890 mt; and plates in coils, at 29,451 mt.

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