Steel Products Prices North America
March 11, 2014
January Steel Exports Up 11% Over December
Written by Brett Linton
Total January 2014 US steel exports were 963,060 net tons (NT), a 10.5 percent increase over December 2013 figures but down 10.6 percent compared to January 2013. Total exports in January were above the three month moving average but below the twelve month moving average. The top countries receiving US exports were Canada at 54.8 percent, Mexico at 34.7 percent (for a NAFTA export total of 89.5 percent), the Dominican Republic at 0.9 percent, China at 0.9 percent, and India at 0.7 percent. All other countries were less than 0.5 percent of the total tonnage.
Top products exported in January were galvanized sheet at 115,821 NT or 12.0 percent of the total, plates cut lengths at 108,273 NT or 11.2 percent, heavy structural shapes at 90,795 NT or 9.4 percent, hot rolled sheet at 61,086 NT or 6.3 percent, hot rolled bars at 54,025 NT or 5.6 percent, and cold rolled sheet at 52,187 NT or 5.4 percent.
