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U.S. Steel Exports Increase in January But Remain Below 2012 Levels
03/12/2013 - Steel exports increased in January 2013 compared to December 2012 by 11.2% according to U.S. government data analyzed by the American Institute for International Steel.
Steel exports increased in January 2013 compared to December 2012 by 11.2% according to U.S. government data analyzed by the American Institute for International Steel (AIIS).
“Exports increased in January compared to December on the strength of exports to our NAFTA partners in January while exports to all other regions declined on a month to month basis as international demand and prices softened in many international markets,” said David Phelps, president AIIS.
Exports in January 2013 compared to January 2012 declined by 14.6%. “Steel exports declined to all regions in the year-to-year comparison as international economic conditions and steel-related demand sagged. We are concerned about the direction of the international marketplace at this point,” concluded Phelps.
Total steel exports in January 2013 were 1.077 million tons compared to 1.262 million tons in January 2012, a 14.6% decrease, and an 11.2% increase compared to December 2012.
The American Institute for International Steel is the only steel related association which supports free trade. The Institute accomplishes our mission through advocacy, networking, communications and education.
