Steel imports steady in near term: AIIS
Mar 05, 2013 | 05:14 PM
| Catherine Ngai
NEW YORK Steel imports will likely hold steady over the next two months, according to the American Institute for International Steels latest survey, with traders saying that soft U.S. prices have caused the foreign spot market to lose traction.
All survey respondents said that they expect shipments of cold-rolled sheet, corrosion-resistant steel, structural products and pipe and tube products to remain the same over the next two months, based on already-placed orders. Some 96 percent also said that they expect cut-to-length shipments to remain the same. ....
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