Prices
October 11, 2018
U.S. Steel Exports Remain Low in August
Written by Brett Linton
U.S. steel exports in August totaled 646,692 net tons (586,670 metric tons), down 1.4 percent over July and down 29.5 percent from August 2017. Surpassing July’s low, this is now the lowest total export figure seen since May 2009 when 627,968 tons were shipped out of the country.
Prior to July and August levels, total exports had averaged around 850,000 tons for quite a few months, with the only sub-800,000 figure being for December 2017. The total August export figure is below both the three-month moving average (average of June 2018, July 2018 and August 2018) and the 12-month moving average (average of September 2017 through August 2018). Here is a breakdown of flat rolled and plate steel exports:
