NEW YORK U.S. steel mill
product exports jumped to a five-month high in October on gains
in heavy structural shapes, hot-dipped galvanized sheet and
strip, and standard rails.
Exports tallied nearly 1.08
million tonnes in October, up 12.1 percent from 959,621 tonnes
in September, according to data from the U.S. Commerce
Departments Import Administration.
Exports of heavy structural
shapes jumped 54.3 percent month on month to 102,635 tonnes
thanks to increases to Latin America, while exports of
hot-dipped galvanized sheet and strip rose 14.8 percent in the
same comparison on the back of increases to the North American
Free Trade Agreement (Nafta) region.
Exports of standard rail
increased to 41,144 tonnes in October from 12,145 tonnes a
month earlier due to a sevenfold increase in shipments to
Monthly decreases were seen
primarily in plate in coils (down 16.1 percent) and
cut-to-length plate (off 4.6 percent) due to fewer shipments
within North America.