Prices
May 12, 2020
Uptick in March Steel Exports
Written by Brett Linton
United States steel exports totaled 664,129 net tons of steel in March, up 4 percent from February and up 13 percent from one year prior, according to recent U.S. Department of Commerce data. March export levels are the hightest seen since October 2019 when 709,496 tons were exported to other countries. Prior to October, the last time exports were this high was June 2018 at 913,705 tons. The 2020 monthly average is now up to 650,833 tons, whereas the first three months of 2019 totaled 608,351 tons, and the 2019 monthly average was 615,698 tons.
Total March exports were above the three-month moving average (average of January through March 2020), and also above the 12-month moving average (average of April 2019 through March 2020). Here is a breakdown by product:
