Steel exports tumble further in December, lowest since 2020

Total US steel exports declined by almost 100,000 short tons (st) from November to December, the lowest monthly rate recorded in over five years, according to recent data released by the US Department of Commerce. Trade for many of the sheet and plate products we follow has fallen to multi-year lows through December.

The volume of steel shipped outside of the country totaled 469,000 st in December, the lowest measure seen since June 2020. Exports have trended lower since late 2024. December trade was 25% below the average export rate seen across the previous year (629,000 st per month), and 23% less than the same month of 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.