Posted on 10 Aug 2015
The 885,191 net tons of exports were still nearly 15 percent below the June 2014 level, though.
Canada,
which accounts for about half of the United States’ steel exports, and
Mexico, which accounts for more than a third, both increased their
purchases of American steel. Exports to Canada increased by 8.8 percent
from May to 444,899 net tons (17.1 percent below June 2014), while
exports to Mexico grew by 7.8 percent from May to 338,364 net tons (down
0.9 percent from a year earlier). The monthly gains were partially
offset by a 12.9 percent decline in exports to the European Union, which
dipped to 23,527 net tons, 17.3 percent below the June 2014 total.
Year
to date, exports were down 12.6 percent to 5.3 million net tons
compared to the first half of 2014. Canada led the decline, with exports
to that country shrinking 20.3 percent to 2.57 million net tons.
Exports to Mexico slipped 1 percent to 2.03 million net tons, while
exports to the European Union increased 11.2 percent to 191,581 net
tons.
