September Steel Exports Fall to 16-Year Low

U.S. steel exports in September totaled 584,858 net tons (530,575 metric tons), down 9.6 percent from August and down 35.3 percent from September 2017. Surpassing August’s low, this is now the lowest total monthly export figure seen since December 2002 when 527,659 tons were shipped out of the country.

Prior to the last three months, total exports had averaged around 850,000 tons per month for more than a year, with the only sub-800,000 total in December 2017.