Steel imports decline in Sept., but what does it really mean?

Oct 28, 2005 | 06:24 PM | Maria Guzzo

Steel imports declined again in September, but as is often the case major industry players put different spins on the significance and consequence to the U.S. market.

Steel imports totaled nearly 2.2 million tons in September, down 5.2 percent from the slightly more than 2.3 million tons the previous month and off 39.6 percent from September 2004, the American Institute for International Steel (AIIS) said, citing U.S. Commerce Department data. The September decline marks the fifth consecutive monthly decrease in U.S. steel imports.

For the first nine months of the year, imports fell 7.9 percent to 23.9 million tons from 25.9 million tons last year, AIIS said.....

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