US steel exports up but below pre-pandemic level in July

US steel exports have rebounded from the lows seen in the months following the Covid-19 outbreak.

But they remain well below the highwater mark from late in the first quarter - before the virus crisis hammered North American steel demand, US Commerce Department figures indicate.

The United States exported 433,800 tonnes of steel in July, the last month for which figures are available. That is up 13.1% from 383,680 tonnes in June and 35.3% from a post-pandemic low of 320,597 tonnes in May, per Commerce figures.


Michael Cowden

September 18, 2020

19:18 GMT