According to the US Department of Commerce, US exports of hot rolled coils (HRC) totaled 55,702 metric tons in November, marking a 34.2% decrease from October and a 5.1% decrease from November of the previous year. The value of these exports was $54.2 million in November, down from $68.2 million in October and $58.9 million in November 2023.
Mexico was the largest recipient of US HRC in November, with 34,428 metric tons shipped, compared to 51,334 metric tons in October and 41,478 metric tons in November 2023. Canada was the second-largest destination, receiving 20,964 metric tons. No other destinations received significant quantities (1,000 metric tons or more) of US HRC exports in November.