US steel exports fall in February: Commerce

The volume of steel exported from the US declined in February, reversing January’s surge, according to the latest US Department of Commerce figures. This comes just two months after export levels had fallen to a two-year low.

Steel exports dropped 13% month over month (m/m) in February to 677,000 short tons, the third-lowest rate recorded in over a year (Figure 1). February trade was 12% below the 2024 monthly average of 770,000 st and 19% lower than the same month last year.

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.