Steel Products Prices North America
July Steel Exports Down 11.5 Percent
Written by Brett Linton
September 8, 2017
U.S. steel exports in July totaled 806,512 net tons (731,656 metric tons), down 11.5 percent over June, but up 9.3 percent from July 2016. Total exports have declined over the last two months after reaching a 2.5-year high in May (1,006,087 tons). The total July export figure is below the three-month moving average (average of May 2017, June 2017 and July 2017), and below the 12-month moving average (average of August 2016 through July 2017). Here is a breakdown of flat rolled and plate steel exports:
Cut plate exports decreased 21.0 percent from June to 85,748 tons, and were down 14.9 percent compared to levels one year ago.
Exports of coiled plate were 57,629 tons in July, down 11.9 percent month over month, but up 66.3 percent year over year.
Hot rolled steel exports decreased 16.1 percent month over month to 72,950 tons, but were up 30.9 percent from July 2016 levels.
Exports of cold rolled products were 52,015 tons in July, down 8.4 percent from June, but up 18.9 percent over the same month last year.
Galvanized exports fell 15.0 percent month over month to 105,617 tons. Compared to one year ago, July levels were up 8.3 percent.
Exports of all other metallic coated products came in at 23,960 tons, a 7.3 percent decrease from June, but a 31.9 percent increase compared to one year ago.
To see an interactive graphic of our Steel Exports history, visit our website here. If you need any assistance logging in or navigating the site, contact us at info@SteelMarketUpdate.com or 800-432-3475.
Brett Linton
Read more from Brett LintonLatest in Steel Products Prices North America
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.
Nucor raises hot rolled spot price to $750/ton
Nucor raised its weekly consumer spot price (CSP) for HRC this week to $750/short ton.
SMU price ranges: Most sheet and plate products drift lower
Steel sheet prices mostly edged lower for a second week, while plate prices slipped for the third consecutive week.
Nucor drops HRC price to $720/ton
After holding its weekly spot price for hot-rolled (HR) coil steady for three weeks at $730 per short ton (st), Nucor lowered the price this week by $10/st.
SMU price ranges: Sheet slips, plate falls to 45-month low
Steel sheet and plate prices moved lower this week as efforts among some mills to hold the line on tags ran up against continued concerns about demand.