Steel Products Prices North America
February 9, 2016
Steel Exports from U.S. Drop 17.2% in 2015
Written by Sandy Williams
Steel exports from the U.S. dropped 17.2 percent in 2015 to an annual total of 9.97 million net tons. The strong U.S. dollar and a recession in Canada contributed heavily to the decline, says the American Institute for International Steel.
More than half of U.S. steel exports go to Canada each year. In 2015 the amount of steel exported to our Northern neighbor declined by 23.3 percent to 4.9 million net tons. AIIS reports that the decrease of 1.5 million net tons accounted for about 75 percent of the overall export decline.
