Prices
January 11, 2022
November Steel Exports Flat at 725,000 Tons, 12MMA at 32-Month High
Written by Brett Linton
November U.S. steel exports increased 1% from October to 725,000 net tons, according to the latest U.S. Department of Commerce data. While October and November levels are down compared to the summer months, the 12-month moving average through November is now at a 32-month high.
Recall that March and June of 2021 were the two highest monthly levels in the last three years (790,000 and 778,000 tons, respectively). It was just last summer when the market saw record low exports, with May 2020 levels reaching the lowest seen in 24 years at 374,000 tons.
