US steel exports surged by 27.3% in January compared to December, reaching 708,413 metric tons according to data from the US Department of Commerce. Exports also showed a 1.3% year-on-year increase. In terms of value, US steel exports totaled $1.19 billion in January, up from $969 million in December but down from $1.25 billion in January 2024.
Steel exports to Mexico were up 19.4% compared to December, totaling 358,629 mt, while exports to Canada increased by 43.6% month-on-month but declined 3.9% year-on-year to 311,558 mt.
Other top destinations for US steel exports in January included Brazil (2,934 mt), the Dominican Republic (5,963 mt), China (2,778 mt), Chile (2,475 mt), and India (1,652 mt).
Key steel products exported in January included Hot-Dipped Galvanized (HDG) at 128,780 mt, hot rolled sheets at 72,333 mt, cut-length steel plates at 94,196 mt, cold rolled sheets at 74,446 mt, and plates in coil at 35,994 mt.
Vietnam Steel by Hoa Sen Group
