October steel exports fall to 2023 low

Looking at exports on a three-month moving average (3MMA) basis, we can see exports falling off from the recent high of more than 886,600 tons in July. October’s 3MMA was just over 799,100 tons.

The 12-month moving average (12MMA) of exports, meanwhile, continues to trend upwards, rising to more than 793,000 tons in October.

Table 1 shows an analysis of flat-rolled steel exports for the month of October. Of note in the export data are coiled plate exports at a 10-month low and hot rolled exports at a six-month low. Exports of cut-to-length plate and cold-rolled sheet inched up during the month.

Looking at the 12MMAs of exports by product, we can see galvanized, hot rolled, cold rolled, and cut plate exports trending upwards to levels even with or even higher than exports during 2018. Exports of coiled plate, meanwhile, have been trending downward, while other metallic-coated exports are generally flat.

We have a graphing tool available on our website where readers can further investigate historical export data in total and by product.