Prices
August 10, 2017
U.S. Steel Exports Decline in June After May's Peak
Written by Brett Linton
U.S. steel exports in June totaled 910,988 net tons (826,435 metric tons), down 9.5 percent over May, but up 12.3 percent from June 2016. Although down over last month, total June exports are in line with the average monthly level over the last few months. Back in May, total exports had climbed to 1,006,087 tons, a 2.5-year high. The total June export figure is below the three-month moving average (average of April 2017, May 2017 and June 2017), but above the 12-month moving average (average of July 2016 through June 2017). Here is a breakdown of flat rolled and plate steel exports:
Cut plate exports increased 7.8 percent from May to 108,582 tons, but were down 3.0 percent compared to levels one year ago.
