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    Analysis

    November 8, 2024

    September steel exports drop to lowest level of year

    Written by Brett Linton

    US steel exports declined in September to their lowest level of the year, according to recently released data from the US Department of Commerce. After rising to a one-year high in August, the volume of steel that exited the country in September fell 10% month on month (m/m) to 760,000 short tons (st).

    September exports are 5% less than the average monthly rate of 2024 to date (803,000 st), and 3% less than the same month last year (781,000 st). On an annualized basis, steel exports have trended downward over the last six months but remain strong relative to volumes seen over the past five years.

    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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