Steel Exports Dip in June,

But Up 58% for the Year


U.S. steel exports declined by 0.7 percent in June, compared to May, primarily due to a decline in exports to the United States’ NAFTA partners, reports the American Institute for International Steel, McLean, Va., which represents foreign producers.
 
“NAFTA market demand in June had begun to slow, and this decline is reflected in both export shipments and U.S. domestic market shipment data,” says David Phelps, president of AIIS. 
 
“The good news in the June export data is the continued strength of exports to non-NAFTA Western Hemisphere markets, which grew by over 9 percent month on month and continued to run 78 percent higher for the first half of 2010,” Phelps adds. 
 
Steel exports in June totaled 1.048 million tons, a slight decrease from May’s 1.055 million tons, but a 48.4 percent increase compared to June 2009.
 

According to year-to-date figures, exports were up 58.1 percent compared to the first six months of 2009, or from 3.9 million tons in 2009 to 6.2 million tons in 2010.

August 2017: Is Infrastructure Build More than a Dream?
More...
 
Pause
August 2017: Metals Will Be Dominated By Marketplaces, But Whose?
More...
Fall 2016: Cutting & Sawing Equipment
More...
Summer 2016
More...
 
Pause
Advanced Controls on Braner Slitters
More...
AHVS Precision Leveler Features Flip-Top Design
More...
Formtek’s Tishken Slitter Increases Production Volume
More...
Red Bud System Handles High-Strength Steels
More...
Bradbury Launches Flat Trak CL Monitoring System
More...
Artus Knives Custom Designed
More...
 
Pause
Privacy Statement  |  Terms Of Use
Copyright by Metal Center News



Monday, September 25, 2017