Prices
September 10, 2020
U.S. Steel Exports Recover in July
Written by Brett Linton
U.S. steel exports continued to recover in July, up 13 percent from June to 478,182 net tons, according to recent U.S. Department of Commerce data. This is up 35 percent from two months prior when exports were at the lowest levels seen in SMU’s 24-year data history. Although up, July exports remain low historically, down 23 percent from levels one year ago.
The 2020 monthly average for exports has now declined to 516,000 tons, whereas the first seven months of 2019 averaged 611,000 tons. The 2019 monthly average was 616,000 tons.

