Canada
April 15, 2026
Steel exports remain muted through February
Written by Brett Linton
US steel exports held steady from January to February and remain near historical lows, according to recently released US Department of Commerce data. Exports have trended lower for over a year now, recently dipping to a five-year low.
The volume of steel shipped outside of the country totaled 620,000 st in February. Recall that two months before this, we saw the lowest monthly export level on record since June 2020 (469,000 st). February trade was down 8% year over year, 1% below the average monthly export rate of 2025 (629,000 st), and 21% below the average rate of 2024 (785,000 st).

