USA: Flat Steel Exports Inch Down by 3% in Nov'18
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According to latest customs data,USA flat steel exports which includes (7208 HR coils/Plates,7209 CR coils,7210,7212 GP/GC and 7225 electrical sheets) stood at 0.36 MnT in Nov'18 witness marginal decline by 3% against 0.37 MnT in Oct'18.
However on yearly basis nation's flat steel exports registered a fall of 5% in comparison to 0.38 MnT in Nov'18.
In first eleven months (Jan-Nov'18) the nation's flat steel exports stood at 4.29 MnT significantly decline by 17% against 5.17 MnT in the same period of previous year.
Commodity-wise USA Flat Steel Exports in Nov'18
| Sub Commodity | Nov'18 | Oct'18 | M-o-M (Change in %) | Oct'17 | Y-o-Y (Change in %) |
| HRC/Plate | 0.09 | 0.1 | -10 | 0.15 | -40 |
| Galvanised Steel | 0.09 | 0.09 | 0 | 0.08 | 13 |
| Electrical Steel | 0.10 | 0.10 | 0 | 0.08 | 25 |
| CRC | 0.03 | 0.03 | 0 | 0.03 | 0 |
| Others | 0.04 | 0.05 | -20 | 0.04 | 0 |
| Grand Total | 0.36 | 0.37 | -3 | 0.38 | -5 |
Quantity in MnT
Source: SteelMint Research
Country-wise USA Flat Steel Exports in Nov'18- Mexico was the major flat steel importer and has procured 0.19 MnT in Nov'18 which remained stable since past two months.
Second major importer was Canada at 0.14 MnT in Nov'18 down by 13% against 0.16 MnT in Oct'18.
