Steel Products Prices North America
U.S Steel Exports Inch Up in July
Written by Brett Linton
September 10, 2019
The U.S. exported 620,598 tons of flat rolled steel in July, according to final Census data, a 4 percent rise from June, but down 5 percent from the same month one year ago.
July exports were in line with the 2019 average of 611,019 tons, but down significantly compared to recent years. It was this time last year when exports dropped from their 850,000+ ton levels down to sub-700,000 levels (see purple chart below).
Total July exports were above both the three-month moving average (average of May, June and July), and above the 12-month moving average (average of August 2018 through July 2019). Here is a breakdown by product:
Cut plate exports fell 10 percent from June to 75,250 tons, down 1 percent compared to one year ago.
Exports of coiled plate were 31,576 tons in July, down 1 percent month over month, and down 11 percent year over year.
Hot rolled steel exports rose 10 percent over June to 43,143 tons, down 22 percent over July 2018.
Exports of cold rolled products were 43,337 tons in July, up 13 percent from June, but down 4 percent over the same month last year.
Galvanized exports declined 5 percent month over month to 108,564 tons. Compared to one year ago, July was up 10 percent.
Exports of all other metallic coated products were 20,291 tons, up 10 percent from June, but down 3 percent compared to one year ago.
Below are two graphs showing the history of U.S. steel exports, in total and by product. To use their interactive features, view the graphs on our website by clicking here. If you need assistance logging into or navigating the website, contact us at info@SteelMarketUpdate.com.
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
Nucor lifts HR spot price by $10/ton
Nucor has raised its weekly spot list price on hot-rolled coil by $10 per short ton (st) after keeping it unchanged since Aug. 25.
Atlas Tube up $50/ton following NLMK USA sheet price hike
Atlas Tube, in a leading move, said it aims to increase prices for mechanical tubing, hollow structural sections (HSS), and piling products by at least $50 per short ton (st).
NLMK USA up $50/ton on HR and CR, up $100/ton on coated
NLMK USA plans to increase prices for hot-rolled and cold-rolled coil by at least $50 per short ton (st). The move is effective immediately for all spot orders, the steelmaker said in a letter to customers on Friday.
SMU Price Ranges: Sheet floor holds as market debates upside
Our average HR coil price increased $5/short ton from last week, marking a second consecutive week of modest gains. Market participants generally attributed the increase to...
Thin demand keeps plate prices hovering at lowest levels since February
Participants in the domestic plate market say spot prices appear to have hit the floor, and they continue to linger there. They say demand for steel remains thin, with plate products no exception.