US exports of flat steel decreased by 24.1% in November 2022

According to export data from the US Department of Commerce, US exports of cold-rolled flat steel totalled 37,099 tonnes in November 2022, down 24.1% from October and 29.5% from November 2021. In terms of value, cold-rolled flat exports totalled $47.0 million in November, compared to $65.4 million in the previous month and $62.9 million in the same month in 2021. The United States exported most of its cold-rolled flat steel exports to Mexico at 23,107 tonnes, compared to 32,784 tonnes in October and 36,535 tonnes in November 2021. Other major destinations included Canada, with a volume of 13,017 tonnes. There were no other significant destinations (1,000 tonnes or more) for US exports of cold-rolled flat steel in November.