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    January 14, 2021

    Slight Decline in November Exports

    Written by Brett Linton

    U.S. steel exports slipped 8 percent in November to 668,000 tons, according to recent U.S. Department of Commerce data. Although down over the prior month, November shows improvement compared to earlier this year; exports are up 79 percent compared to May, when we saw the lowest level in SMU’s 24-year data history. Total November exports are up 7 percent from levels one year ago, marking the third consecutive month with a year-over-year increase.

    The 2020 monthly average for exports has now increased to 588,000 tons, still below the 2019 monthly average of 648,000 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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