US iron, steel trade deficit jumps 37.2%

Jan 14, 2013 | 04:05 PM | Corinna Petry

Tags  iron and steel mill products, copper, aluminum, bauxite, metals trade balance, Alliance for American Manufacturing, Scott Paul, Corinna Petry

CHICAGO — The U.S. trade deficit for iron and steel mill products jumped 37.2 percent to $833 million in November after falling more than 15 percent to $607 million in October, as exports recorded a $52-million drop and imports increased by $174 million.

The year-to-date iron and steel mill products trade deficit rose 17.4 percent to $8.04 billion from $6.85 billion in the first 11 months of 2011, Bureau of Economic Analysis data show.....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events