Iron, steel deficit shrinks in October

Dec 12, 2012 | 07:45 AM | Corinna Petry

Tags  metals trade, trade balance, iron and steel, copper, aluminum, bauxite, tin, nickel zinc


CHICAGO — The U.S. trade deficit for iron and steel mill products fell 15.2 percent month on month to $608 million in October on a $27-million rise in exports and an $82-million drop in imports.

The decline nearly reversed a 16.3-percent increase in the deficit during September compared with August (amm.com, Nov. 12).

Year to date, the trade deficit for iron and steel mill products has risen 13.5 percent to $7.21 billion, Bureau of Economic Analysis data show.....





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