Steel exports increased in November compared to October by nearly 7 percent, according to government data. 'The good news is that exports increased to every international market except Africa, including the EU, notwithstanding concerns about the EU economic future. We are encouraged by these data, which show staying power for steel exports, notwithstanding concerns about the direction of many economies at this time,' said David Phelps, president, AIIS.

Steel exports increased by 10.6 percent in the 11 month period of 2011 compared to the same 2010 time frame. 'Exports in November were 21 percent higher than in November 2010, and for the year to date period, 10.6 percent higher than 2010, reflecting the steady improvement of many international markets from the Great Recession. Through the 11 months of 2011, exports were 47 percent above recession levels in 2009 and were only 4 percent lower than the 11 month period of 2008. 2008 posted the all-time record for US steel exports. Growing economies, coupled with the continued commitment of American steel producers to serve those international consumers has provided this bright spot for steel producers, trading companies and all companies involved in the logistics chain,' concluded Phelps.

Total Steel exports in November 2011 were 1.230 million tons compared to 1.151 million tons in October 2011, a 6.9% increase, and a 21% increase compared to November 2010. According to year-to-date figures, exports increased 10.6% compared to 2010 or from 11.076 million tons in 2010 to 12.253 million tons in 2011.