Prices
April 8, 2020
U.S. Steel Exports Steady in February
Written by Brett Linton
New Commerce Department data shows the United States exported 641,214 tons of steel in February, down 1 percent from January but up 7 percent from the same month one year prior. While steady compared to the previous month, recall that December 2019 was the second lowest export level in the past decade (just ahead of the lowest level in December 2018).
February exports were 4 percent above the 2019 average of 615,698 tons, but remain significantly muted compared to historical levels, as shown in the purple line graph below.
