According to export data from the US Department of Commerce, US exports of cold rolled coils totaled 48,412 mt in February this year, down 34.9% month on month and down 19.2% year on year.
By value, CRC exports totaled $64.2 million in February, compared to $89.2 million in the previous month and $78.1 million in the same month last year.
The US shipped the most CRC to Mexico in February with 32,112 mt, compared to 55,523 mt in January and 42,144 mt in February last year. The other top destination was Canada with 15,958 mt.
US imports of cold rolled coil also declined. US imports of cold rolled coil totaled 102,110 mt in February this year, down 29.1% month on month and down 7.5% year on year.
By value, CRC imports totaled $106.3 million in February this year, compared to $139.9 million in January and $127.4 million in February last year.
The US imported the most CRC from Canada in February with 39,027 mt, compared to 47,417 mt in January and 47,339 mt in February last year.
