U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 45,075 tons for February 2023, up 13% since last month. South Korea was the largest exporter of beams with 28,894 tons this month (64%). The Houston-Galveston, TX port was the largest receiver of beams this month, receiving 18,376 tons.

U.S. Capacity Utilization was 78.9% in December, down 1.7% month on month (m/m). Mexico Capacity Utilization was 83.3% in December, down 0.36% month on month (m/m). Canada Capacity Utilization was 81.7% in December, down 0.6% quarter on quarter (q/q).

­­U.S. Steel Capacity Utilization: The total tonnage for the week ending March 25th was 1.679 million net tons, at a capacity utilization rate of 75.1%. The year-to-date tonnage output is 19.806 million net tons, at an average capacity utilization rate of 73.9%. In 2022, the same output total was 23.059 million net tons, at an average capacity utilization of 80.7%.

U.S. Fabricated Beam Final Imports: Final fabricated beam imports to the U.S. came in at 67,264 tons in January 2023, increasing 37% month over month (m/m). Mexico was the largest exporter of fabricated beams with 20,678 tons this month (31%). The Houston-Galveston, TX port was the largest receiver of fabricated beams this month, receiving 18,761 tons.

U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 39,903 tons for January 2023, up 178% since last month. Spain was the largest exporter of beams with 10,576 tons this month (27%). The Houston-Galveston, TX port was the largest receiver of beams this month, receiving 22,646 tons.

­­U.S. Steel Capacity Utilization: The total tonnage for the week ending February 25th was 1.674 million net tons, at a capacity utilization rate of 74.9%. The year-to-date tonnage output is 13.100 million net tons, at an average capacity utilization rate of 73.3%. In 2021, the same output total was 16.092 million net tons, at an average capacity utilization of 81.1%.