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    July 9, 2020

    U.S. Steel Exports at a 24-Year Low in May

    Written by Brett Linton

    U.S. steel exports in May slipped 13 percent past April’s low to their lowest level in more than 24 years as the coronavirus took a toll on economies all over the world. At 353,000 tons, May exports were down 44 percent from levels one year prior, according to recent U.S. Department of Commerce data.

    The 2020 monthly average for exports is now 542,000 tons, whereas the first five months of 2019 averaged 612,000 tons. The 2019 monthly average was 616,000 tons.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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