Steel Ingots in   United States

Overview In January 2024 United States' Steel Ingots exports accounted up to $14.3M and imports accounted up to $121M, resulting in a negative trade balance of $107M. Between January 2023 and January 2024 the exports of United States'   Steel Ingots have increased by $5.56M (63.3%) from $8.79M to $14.3M, while imports decreased by $-49.4M (-29%) from $171M to $121M.

Destinations In January 2024, Steel Ingots were exported mostly to China ($3.9M), Poland ($2.38M), Austria ($2.21M), Canada ($2.08M), and Mexico ($1.85M), and were imported mostly from Mexico ($52M), Brazil ($38M), Argentina ($21.1M), Canada ($7.16M), and Germany ($2.28M).

Growth In January 2024, the increase in Steel Ingots's year-by-year exports was explained primarily by an increase in exports to Poland ($1.03M or 618%), China ($867k or 138%), and United Kingdom ($580k or 374%). In January 2024, the decrease in Steel Ingots's year-by-year imports was explained primarily by a decrease in imports from Romania ($-22.7M or -70.1%), India ($-4.46M or -98.6%), and United Kingdom ($-80.5k or -14.1%).