According to export data from the US Department of Commerce, monthly steel exports in December 2023 decreased 15.3% from November to total 557,633 mt. A year-on-year comparison shows a 3.8% increase.
In terms of value, US steel exports in December totaled $1.02 billion, compared to $1.18 billion in November and $1.04 million in December 2022.
Steel exports to Canada in December decreased 18.8% to 238,272 mt, and decreased 2.0% from December 2022. Exports to Mexico decreased 10.3% month-on-month to 278,103 mt, which is up 13.8% from the same month a year ago.
Other top destinations for US steel exports in December include: Australia, with 6,528 mt; China, with 3,852 mt; Pakistan, with 2,240 mt; India, with 1,866 mt; and United Kingdom, with 1,834 mt.
