US steel exports declined 5.1% in October compared to September according to government data. 'The decline in exports was experienced across the board, to all regional markets with the exception of the small African market, as the late summer and early fall doldrums affected international and NAFTA export shipments,' said David Phelps, president, AIIS.

For the year to date period, exports increased by 9.6% and exports in October were 15.7 percent above October 2010 levels. 'The stronger NAFTA and international markets in 2011 compared to 2010 have continued to draw improved levels of exports of steel mill products from US steel producers into international commerce. AIIS trading company members are pleased with the continuing commitment of many domestic steel producers to exports. While most pundits believe that the EU economy will struggle in 2012, with many other international markets showing promise for 2012 we look forward to the New Year with hopeful optimism,' concluded Phelps.

Total Steel exports in October 2011 were 1.151 million tons compared to 1.213 million tons in September 2011, a 5.1% decrease, and a 15.7% increase compared to October 2010. According to year-to-date figures, exports increased 9.6% compared to 2010 or from 10.060 million tons in 2010 to 11.023 million tons in 2011.