Steel Exports Fall to 9-Year Low in July

Cut plate exports decreased 17.4 percent from June to 75,661 tons, and were down 11.8 percent compared to levels one year ago. The last time cut plate exports were this low was October 2016 at 74,192 tons.

Exports of coiled plate were 35,558 tons in July, up 4.2 percent month over month, but down 38.3 percent year over year.

Hot rolled steel exports fell 13.7 percent month over month to 55,079 tons, and were down 24.5 percent from July 2017 levels. This is the lowest level seen since March 2016 when 53,664 tons of hot rolled steel was exported.

Exports of cold rolled products were 45,349 tons in July, down 9.3 percent from June, and down 12.8 percent over the same month last year.

Galvanized exports fell 16.1 percent month over month to 98,972 tons. Compared to one year ago, July levels were down 6.3 percent.

Exports of all other metallic coated products came in at 20,879 tons, a 20.4 percent decrease from June, and a 12.9 percent decrease compared to one year ago.

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