Stainless usage up in Feb., imports fall

May 17, 2012 | 05:16 PM | Thorsten Schier

Tags  SSINA, stainless, stainless sheet and strip, stainless plate, electrical steel, steel imports, steel consumption, Thorsten Schier

NEW YORK — Stainless steel consumption rose to 7 percent year on year to 201,672 short tons in February, according to figures from the Specialty Steel Industry of North America (SSINA).

The growth was driven by another surge in stainless plate consumption during February, which rose 52.6 percent from a year earlier to 36,132 tons, after recording gains a month earlier (AMM, April 18). Imports of the material rose 42 percent....

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