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US steel exports up 15.9% in March

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.

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Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

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