NEW YORK U.S.
steel exports fell to a more than one-year low in November as
most products logged declines.
Steel exports totaled
852,015 tonnes, down 17.1 percent from October and 6 percent
below November 2012, according to the latest data from the U.S.
Commerce Departments Enforcement and Compliance
November shipments to
North American Free Trade Agreement partners fell from the
previous month, with exports to Canada down 13.3 percent to
469,928 tonnes and those to Mexico tumbling 26.1 percent to
Exports to Brazil also
fell sharply in November, plunging 80.9 percent to 1,977 tonnes
from 10,372 tonnes in October.
In the carbon and
alloy sector, major decreases were seen in exports of
hot-rolled sheet (down 44.4 percent), cut-to-length plate (off
6.8 percent), hot-dipped galvanized sheet (down 6 percent) and
heavy structural shapes (off 11.4 percent).
Only a handful of
products saw month-on-month increases, including cold-finished
bar (up 26.7 percent to 13,217 tonnes) and ingots for steel and
castings (up 17.9 percent to 12,951 tonnes).