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    March 27, 2018

    January Steel Exports up 10 Percent

    Written by Sandy Williams

    U.S. steel exports jumped by more than one-tenth to start the year, rising to 831,184 net tons in January, according to the American Institute for International Steel, which represents foreign steel producers.

    The monthly total, which was 10.5 percent higher than in December and 1.6 percent above the January 2017 level, included 429,384 net tons of exports to Canada, an increase of more than 24 percent over the previous month and 5.4 percent more than a year earlier. The total also included 300,435 net tons of exports to Mexico, a monthly increase of almost 7 percent, but a 9.5 percent decrease compared to the previous January. Exports to the European Union totaled 43,538 net tons, nearly 27 percent below December, but 130 percent above the beginning of last year.

    Sandy Williams

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