According to export data from the US Department of Commerce, monthly steel exports in October 2022 decreased 3.6 % from September to total 632,670 mt. A year-on-year comparison shows a 3.1 % decrease.
In terms of value, US steel exports in October totaled $1.21 billion, compared to $1.26 billion in September and $1.14 billion in October 2021.
Steel exports to Canada in October decreased 10.9 % to 269,659 mt, and decreased 11.0 % from October 2021. Exports to Mexico increased 1.5 % month-on-month to 313,001 mt, which is up 4.1 % from the same month a year ago.
Other top destinations for US steel exports in October include: Dominican Republic, with 6,454 mt; Singapore, with 3,368 mt; United Kingdom, with 2,791 mt; China, with 2,695 mt; and Italy, with 2,579 mt.
Major steel products exported in October include HDG, at 94,330 mt; cut-length plates, at 81,101 mt; hot rolled sheets, at 54,753 mt; cold rolled sheets, at 48,874 mt; and plates in coil, at 27,747 mt.
