Canada

March 17, 2026
Steel exports recover in January, still historically weak
Written by Brett Linton
Following the five-year low witnessed in December, US steel exports jumped 33% in January, according to recently released US Department of Commerce data. Although up, export volumes remain historically low, having trended lower since late 2024.
The volume of steel shipped outside of the country totaled 623,000 short tons (st) in January. Recall that one month before this, exports had fallen to 469,000 st, the lowest rate seen since June 2020. January trade was 1% below the average export rate of 2025 (629,000 st per month) and 20% below the same month one year prior.

