Prices
April 11, 2017
US Steel Exports Highest Since June 2015
Written by Brett Linton
February 2017 steel exports totaled 827,559 net tons (750,750 metric tons), up 1.1 percent over January and up 6.2 percent from February 2016. This is the highest export level seen since June 2015 when 885,190 tons were exported out of the US. The total February export figure is above the three month moving average (average of December 2016, January 2017, and February 2017) and above the twelve month moving average (average of March 2016 through February 2017). Here is a breakdown of flat rolled and plate exports:
Cut plate exports decreased 20.9 percent from January to February to 86,451 tons, down 7.6 percent compared to levels one year ago.
Exports of coiled plate were 63,490 tons in February, up 20.7 percent month over month and up 94.4 percent year over year.
Hot rolled steel exports decreased 12.2 percent month over month to 67,586 tons, but were up 3.4 percent from February 2016 levels.
Exports of cold rolled products were 56,149 tons in February, up 4.3 percent from January but down 10.2 percent over the same month last year.
Galvanized exports rose 4.6 percent month over month to 118,075 tons. Compared to one year ago, February levels were up 8.7 percent.
Exports of all other metallic coated products came in at 18,507 tons, a 3.7 percent decrease from last month but a 6.5 percent increase compared to one year ago.
To see an interactive graphic of our Steel Exports history, visit our website here. If you need any assistance logging in or navigating the site, contact us at info@SteelMarketUpdate.com or 800-432-3475.
