Houston steel imports dip into year-end
Dec 19, 2012 | 04:45 PM
| Catherine Ngai
Tags
The Port of Houston Authority,
steel,
pipe and tube,
oil and gas sector,
steel imports
HOUSTON -- The Port of Houston Authority expects to set a four-year record for steel volumes in 2012 due to rising pipe and tube imports for the region’s growing oil and gas sector, according to one of its top executives.
While the port’s steel volumes for 2012 were initially projected at around 4.5 million short tons, according to estimates released in 2011, year-end totals have been adjusted to 5.1 million tons, according to Ricky Kunz, the port’s vice president of trade development and marketing. That figure would mark the highest steel volumes at the port since 2008, when steel tonnages reached a record 6 million tons.....
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