US imports fall 11% in Nov. but ‘06 sets record

Dec 27, 2006 | 02:40 PM | Rory Carroll

Lead by a decline in imports of semi-finished steel, overall U.S. steel imports fell 11 percent in November from the previous month and 20 percent from the peak level seen in July.

November imports totaled a preliminary 3.39 million tons compared with 3.82 million tons in October, according to preliminary Census Bureau data.

On a year-to-date basis, however, U.S. steel imports totaled 42.24 million tons through November, up 45 percent from the first 11 months of 2005 and already nearly 2 percent higher than the previous record set in 1998.....

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