According to the export data from the US Department of Commerce, in March 2022, the monthly steel exports increased by 15.9% from February with 764,882 mt, a year on year comparison shows a 6.7% increase.
In terms of value, in March 2022, US steel exports totalled $1.43 billion, compared to $1.19 billion in February and $1.04 billion in March 2021.
In March 2022, steel exports to Canada increased by 28.2% to 379,679 mt and increased by 13.9% from March 2021.
Exports to Mexico increased by 7.9% month-on-month to 337,720 mt, which is up by 1.1% from the same month a year ago.
Other top destinations for US steel exports in March 2022 include Australia, with 2,647 mt; China, with 2,615 mt; Pakistan, with 2,520 mt; Colombia, with 2,345 mt.