Mexico, only steel supplier to the U.S. to grow

Mexico is the only supplier to increase its exports volume, out of the 10 main foreign suppliers in the U.S. during the period from January to October 2016, informed the U.S. Department of Commerce. Steel exports from Mexico to the U.S. presented an inter-annual increase of 1% over the first 10 months of the year. In contrast, those from China dropped by 65.7%, followed by decreases in shipments from South Korea (24%), from Germany (23.1%) and Taiwan (22.3%). U.S. imports steel from over 90 countries territories. The 10 main providers, Canada, Brazil, South Korea, Turkey, Mexico, Japan, China, Russia, Germany and Taiwan, exported over 1 million tons of steel each to the U.S. during all of last year.