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US exports auto steel to neighbouring nations Canada & Mexico

Steel News - Published on Wed, 11 Jan 2017

Image Source: C Center Dispatch
Center Dispatch reported that when it comes to the U.S. steel industry and international trade, the talk is usually about imports. The focus is on which countries are shipping steel to the United States, at what price, if they've gotten subsidies, are dumping it below price, and whether the U.S. government will impose tariffs meant to deter dumping. Domestic steelmakers like U.S. Steel, Chicago-based ArcelorMittal USA and Fort Wayne's Steel Dynamics have pursued a number of trade cases against foreign steelmakers as steel layoffs have mounted and mills have been idled.

But U.S. steel mills also export metal to foreign countries. Most of the exports, however, go to North America neighbors in Canada and Mexico.

"While the majority of our domestic steel production stays in the United States, ArcelorMittal does ship to locations throughout North America from our U.S. facilities," ArcelorMittal USA spokeswoman Mary Beth Holdford said.

The main reason why U.S. steel gets exported is that the auto industry is one of its biggest customers, and automotive plants are spread across North America. About 27 percent of steel shipments last year went to the automotive industry, according to the American Iron and Steel Institute.

Exports to Mexico and Canada account for nearly 90 percent of all steel exports out of the United States, according to the American Institute for International Steel.

Canada acquired 3.59 million tons of American-made steel over the first nine months of the year, while Mexico purchased 2.77 million net tons of steel from U.S. mills.

Overall U.S. exports were down 8.5 percent through the end of September, as compared to the same period in 2015.

Source :

Posted By : Rabi Wangkhem on Wed, 11 Jan 2017
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