Oct. steel imports fall to six-month low

Nov 27, 2012 | 05:13 PM | Catherine Ngai

Tags  steel imports, cold-rolled, structural, Census Bureau, import licenses, galvanized, Michelle Applebaum, Catherine Ngai

NEW YORK — Steel imports in October fell to the lowest level in six months on the back of major declines in semifinished material and plate products.

Steel arriving at U.S. ports fell 2.4 percent to 2.3 million tonnes from nearly 2.4 million tonnes in September, according to data released Tuesday by the U.S. Census Bureau.

Major declines under carbon and alloy were logged in semifinished material, which fell 20.7 percent to 420,907 tonnes. Cut-to-length plate also slid 12.3 percent to 93,561 tonnes, while plate in coils posted an 11.2-percent fall to 87,847 tonnes.....

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