Prices
June 11, 2020
Steel Exports Slip in April to Near 1998 Low
Written by Brett Linton
United States steel exports slumped to a 21-year low in April, down 39 percent from March and down 33 percent from one year prior, according to recent U.S. Department of Commerce data.
April steel exports totaled 403,949 net tons, just a hair above the December 1998 low. Recall that March export levels were at a five-month high. The 2020 monthly average is now down to 589,112 tons, whereas the first four months of 2019 totaled 606,926 tons, and the 2019 monthly average was 615,698 tons.
