U.S. steel exports in February totaled 805,353 net tons (730,605 metric tons), down 3.1 percent from the month before, and down 2.7 percent from February 2017. Total exports have averaged around 820,000-840,000 tons over the last few months. The total February export figure is above the three-month moving average (average of December 2017, January 2018 and February 2018), but below the 12-month moving average (average of March 2017 through February 2018). Here is a breakdown of flat rolled and plate steel exports:
Cut plate exports decreased 8.5 percent from January to 78,592 tons, down 9.1 percent compared to levels one year ago.
Exports of coiled plate were 38,799 tons in February, up 8.6 percent month over month, but down 38.9 percent year over year.
Hot rolled steel exports decreased 3.2 percent month over month to 65,294 tons, and were down 3.4 percent from February 2017 levels.
Exports of cold rolled products were 49,316 tons in February, up 2.1 percent from January, but down 12.2 percent over the same month last year.
Galvanized exports fell 11.6 percent month over month to 103,133 tons. Compared to one year ago, February levels were down 12.7 percent.
Exports of all other metallic coated products came in at 23,004 tons, a 3.6 percent decrease from January, but a 24.3 percent increase compared to one year ago.
To see an interactive graphic of our Steel Exports history (example below), 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.
Brett LintonRead more from Brett Linton
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