Steel Products Prices North America

US Steel Exports Remain Low in December

Written by Brett Linton

December steel exports totaled 726,847 net tons (659,385 metric tons), down 0.3 percent over November but up 0.2 percent from December 2015. This is the lowest export level seen since December 2015 when 658,362 tons were exported. Total December figures are below the thee month moving average (average of October, November, and December 2016 figures) and below the twelve month moving average (average of January 2016 through December 2016 data). Here is a breakdown of flat rolled and plate exports:

Cut plate exports increased 10.2 percent from November to December to 98,889 tons, up 19.5 percent compared to levels one year ago.

Exports of coiled plate were 46,306 tons in December, up 26.3 percent month over month and up 40.1 percent year over year.

Hot rolled steel exports decreased 8.8 percent month over month to 64,433 tons and were down 5.0 percent from December 2015 levels.

Exports of cold rolled products were 50,272 tons in December, down 4.3 percent from November and down 6.2 percent over the same month last year.

Galvanized exports fell 0.4 percent month over month to 98,575 tons. Compared to one year ago, December levels were down 1.0 percent.

Exports of all other metallic coated products came in at 16,804 tons, a 1.6 percent decrease from last month but a 4.1 percent increase compared to one year ago.

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