U.S. steel imports in December fall 13.9%

North America

Tuesday, January 29, 2013

U.S. steel imports declined 13.9 percent in December compared to November, according to preliminary government data compiled by the American Institute for International Steel (AIIS). “Imports plummeted in December compared to November as many buyers backed out of the market when these products were ordered and instead minimized inventory as the end of the year approached. Steel buyers, like many in manufacturing in other sectors, also reacted cautiously as the so-called fiscal cli...

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