Steel Products Prices North America
September 6, 2014
AIIS: Steel Exports Dip in July
Written by Sandy Williams
AIIS, Falls Church, VA. September 5, 2014 — Steel exports continued to trend downward in July, slipping 3.3 percent to just over 1 million net tons.
While exports to Canada were virtually unchanged from June to July at 536,892 net tons, and the amount of steel sent to Mexico increased 7.4 percent to 366,732 net tons, exports to most of the United States’ minor trading partners were down. Brazil accounted for more than 40 percent of the overall decrease, with steel exports to that country dropping nearly 73 percent to 5,406 net tons. The European Union brought in 26,664 net tons of American steel in July, 6.3 percent less than a month earlier. Steel exports to most countries were also substantially lower than they were in July 2013, though Mexico was up 3.8 percent from a year earlier.
