Prices
November 12, 2020
U.S. Steel Exports Recover Further in September
Written by Brett Linton
U.S. steel exports continued to recover in September, rising 17 percent from August to 646,194 net tons, according to recent U.S. Department of Commerce data. Total September exports are up 83 percent compared to four months prior, when May exports were at the lowest levels seen in SMU’s 24-year data history. Total September exports are up 5 percent from levels one year ago, the first year-over-year increase seen since March 2020.
The 2020 monthly average for exports has now increased to 534,000 tons, still well below the average for 2019 of 616,000 tons.
