Prices
April 6, 2014
Steel Exports Lower in February
Written by Brett Linton
Total steel exports decreased 6.1 percent in February over January to 904,131 net tons (NT), below both the 3 and 12 month moving averages (MMA). Compared to the same month last year, total February exports were down 12.8 percent. Of the select products we follow at Steel Market Update, hot rolled exports showed the greatest month-over-month decrease and were down 25.1 percent to 45,728 NT in February. Hot rolled exports were also down 39.0 percent over February 2013 figures and were over 33,000 NT below the 12MMA.
Other key points from the table below:
– Exports of plates in coils were down 18.4 percent over February 2013.
– Cold rolled exports were down 13.0 percent over the same month one year ago.
– Galvanized exports were down 13.9 percent over January.
– Other metallic coated exports were down 10.2 month-over-month but up 14.6 percent over February 2013
