ISSB holds export and import data covering steel and steelmaking raw materials to 6 digit HS tariff level for the USA, Canada and Mexico giving us a100% trade coverage for the NAFTA region.
As crude steel production within NAFTA is insufficient to meet demand for steel in the region, NAFTA has long been a large net importer of steel. Net imports in the USA peaked at just over 31 million tonnes in 2006 but fell substantially in each year to a low of 5.5 million tonnes in 2009. The growth since 2009 is clear and net imports grew to 28.2 million tonnes in 2014 close to levels seen before the financial crisis. A fall in domestic demand and the erection of trade barriers in 2015 saw imports drop back with net imports falling to 25 million tonnes.
Crude Steel Production
NAFTA steel output to 2007 remained steady until the latter half of 2008 when production began to fall sharply. 2009 saw 82 million tonnes produced in the NAFTA countries, 38% down on 2007. Output recovered to 120 million tonnes in 2014 but weakened in 2015 to 109.5 million tonnes attributed to the downturn in the Oil and Gas sectors.
World Steel Association data for crude steel production within NAFTA is summarised below.
NAFTA : Trade in Steel by Country
ISSB can assess the trade of NAFTA countries in steel and steelmaking raw materials using any combination of products and any combination of trading partner countries.
As an illustration of aggregate trade across all steel mill products (semis, long & flat products, tubes) and with all countries we show below US, Canadian and Mexican total trade annually with US trade also shown monthly from 2010 to the most recently available month in 2015.
NAFTA : External Trade
ISSB can also assess NAFTA's trading relationships with the rest of the world and display those relationships grouped by products, by regions or by individual countries. As an example we show here the relative flows of steel between NAFTA and other world regions, while below are details of the most significant origins of NAFTA's steel imports.
NAFTA – Internal Trade
ISSB can also assess trade within NAFTA and here, as illustrated, we show a breakdown of NAFTA international trade by the flows between the three NAFTA partners.
If you want to know more about the movements of steel and steel making raw materials involving the USA, Canada and Mexico please contact firstname.lastname@example.org or use our on-line Trade Enquiry System.
South and Central America
ISSB holds export and import data covering steel and steelmaking raw materials to 6 digit HS tariff level for Argentina, Brazil, Chile, Colombia, Peru, Panama, Paraguay, Uruguay and Venezuela whom collectively produce 97% of the crude steel produced within the region. Additionally with export coverage of 97% of steel production globally, ISSB is ideally placed to assess the market for steel in those South American countries for which national trade data is not available.
Crude Steel Production
Given the relative size of the country and its iron ore reserves, Brazil dominates the steel map of the region. Despite this, and the fact that Brazil, as one of the BRIC nations, was thought to be an area of high growth, crude steel production in country does not seem to have gained much traction. Following the peak of 35.2 million tonnes in 2011, there have been four years of decline with the 2015 figure nearly 2% below that of 2014 and 5% below that of 2011. This is a trend that has been repeated in the region as a whole with a decline in Argentinian production being only partially offset by increases elsewhere.
World Steel Association data for crude steel production within South and Central America is summarised below.
Trade in Steel
While ISSB holds national trade data from Argentina, Brazil, Chile, Colombia, Peru, Paraguay, Panama, Uruguay and Venezuela our global level of trade coverage enables us to assess the trade of other countries within the region for which national trade data is not readily available. As an illustration of this capability we show below the top ten origins and destinations within the region for cross border movements of steel.
If you want to know more about the movements of steel and steel making raw materials involving the countries in the Central and South American region please contact email@example.com or use our on-line Trade Enquiry System.