September steel import licenses edge up

Oct 03, 2012 | 02:43 PM | Catherine Ngai

Tags  steel license applications, ports, Commerce Department, imports, hot-rolled, cut to length, Michelle Applebaum

NEW YORK — Steel arriving at U.S. ports appear poised to end a four-month slide in September on the back of increases in hot-rolled sheet, plate in coil and semifinished product.

September import license applications tallied 2.31 million tonnes, up 3 percent from August preliminary figures of 2.25 million tonnes, according to data released Tuesday by the Commerce Department’s Import Administration. ....

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