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US steel exports rise in February

According to export data from the US Department of Commerce, monthly steel exports in February 2021 increased 0.9 percent from January to total 614,533 mt.

A year-on-year comparison shows a 0.2 percent decrease. In terms of value, US steel exports in February totaled $829.2 million, compared to $822.6 million in January and $844.6 million in February 2020.

Steel exports to Canada in February decreased 11.4 percent to 272,338 mt, and decreased 7.2 percent from February 2020.

Exports to Mexico increased 5.5 percent month-on-month to 277,288 mt, which is also up 5.5 percent from the same month a year ago.

Other top destinations for US steel exports in February include:

Hong Kong, with 24,667 mt; Dominican Republic, with 3,501 mt;India, with 2,978 mt; China, with 2,707 mt; and Brazil, with 2,422mt.

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