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    Analysis

    August 9, 2024

    June steel exports fall to 5-month low

    Written by Brett Linton

    Total US steel exports declined again in June, down 2% month-on-month (m/m) to 773,000 short tons (st), according to the latest US Department of Commerce data. Following April’s eight-month high, June represents the second-lowest monthly export rate of the year, slightly higher than the 771,000-st rate recorded in January.

    Steel exports averaged 801,000 st per month over the first six months of this year, 30,000 st less than the same period of 2023. June exports are 14% lower than the same month last year, back when export levels were beginning to ease from multi-year highs.

    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.

    Read more from Brett Linton

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