Prices
September 8, 2016
July Steel Exports at 7 Month Low
Written by Brett Linton
July steel exports totaled 738,096 net tons (669,590 metric tons), down 9.0 percent over June and down 9.2 percent from July 2015. Total July figures are below the thee month moving average (average of May, June, and July 2016 figures) ans below the twelve month moving average (average of August 2015 through July 2016 data). Here is a breakdown of flat rolled and plate exports:
Cut plate exports decreased 10.0 percent from June to July to 100,728 tons, and were down 3.5 percent compared to levels one year prior.
Exports of coiled plate were 34,647 tons in July, down 4.6 percent month over month and down 12.1 percent year over year.
Hot rolled steel exports decreased 2.6 percent month over month to 55,714 tons, and were down 2.3 percent from July 2015 levels.
Exports of cold rolled products were 43,763 tons in July, down 10.8 from June and down 21.6 over the same month last year.
Galvanized exports fell 15.8 percent month over month to 97,502 tons. Compared to one year ago, July levels were down 15.0 percent.
Exports of all other metallic coated products came in at 18,169 tons, a 0.9 percent increase from last month but a 2.8 percent decrease compared to one year ago.
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