US steel exports down to 5-year low in November

The volume of steel exported from the US in November tumbled 15% from the month prior to 563,000 short tons (st), according to recently released data from the US Department of Commerce. This marks the lowest monthly export rate since July 2020.

This decline comes just one month after exports rebounded to a seven-month high of 662,000 st. November trade was 12% below the average export rate for the previous year (641,000 st per month) and 15% lower than the same month in 2024.

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.