Latin American steel exports to the US decreased in June compared to the same month in 2019, due to lower shipments from Mexico, Argentina, and Central American countries. 

 

Mexico’s steel exports to the US fell by 8.7pc to 217,888mt in June, from 238,790mt shipped in the same month last year, according to the US Census Bureau data, while shipments from Argentina to the US declined by 88.5pc to 3,221mt from 28,039 during the same period under comparison.

 

Exports of steel products from South and Central American countries decreased by 43pc to 32,619mt in June from 57,254mt in the same month in 2019. On the other hand, Brazil’s steel shipments to the US increased by 52.5pc to 21,067mt in June this year, from 13,807mt shipped during the same month last year.

 

Alloy products exports rise

Mexican exports of alloy steel products to the US declined by 66.8pc to 29,645mt in June, from 89,419mt in the corresponding month in 2019, while Argentina’s alloy shipments plummeted by 98pc to 525mt from 27,207mt during the same period. Exports of alloy steel products from South and Central American countries fell by 87pc to 3,605mt in June from to 27,684mt in the same month last year.

 

Brazil’s alloy steel exports to the US, however, jumped by 660.5pc to 2,875mt in June, from 378mt shipped in the same month last year.

 

Shipments of carbon non-alloy steel products to the US from Mexico increased by 27.7pc to 186,246mt in June from 145,765mt shipped in the same month last year, while Brazilian carbon non-alloy steel exports to the US rose by 33pc to 16,787mt from 12,615mt during the same period. 

 

Argentina’s carbon non-alloy steel exports jumped by 224pc in June to 2,696mt from 832mt exported in June last year, while exports of carbon non-alloy steel from South and Central American countries went down by 4pc to 27,608mt from to 28,749mt during the same period.

 

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