US decreases CRC exports in Nov from previous month
January 16, 2025 06:15:09 AM
According to statistics from the US Department of Commerce (USDOC), the US exported around 69,000 tons of cold-rolled coils (CRC) in November last year, decreasing by 26% compared to the previous month and rising by 15% from the same month a year ago.
Among them, the exports to Mexico accounted for the largest proportion, totaling roughly 52,000 tons, a month-on-month decrease of 23% and a year-on-year hike of 25%. Canada ranked second with around 16,000 tons, and the exports to other countries were not significant.
During the period, the value generated by these exports was roughly US$85 million, down by 18% month on month and up by 16% year on year.
Steel News
- The US has added coking coal to its list of critical minerals
- ArcelorMittal ready to capture EU market share from lower steel imports, CFO says
- European Steel market disappointed by delay in setting CBAM benchmarks
Steel Export Market Prices
| Material | Price | Change |
|---|---|---|
| Stainless Seamless Pipe 304 108*4 mm | $ 2196.65 | 11.34 |
| Stainless Scrap 304 Solid | $ 1296.97 | -12.95 |
| Stainless Bar 321 60 mm | $ 2197.04 | -13.10 |
| Stainless Bar 304 60 mm | $ 1956.28 | -13.25 |
| Stainless HR Coil 304/No.1 6.0 mm | $ 1902.08 | -9.39 |