Steel imports rebound as construction returns
Mar 19, 2013 | 11:52 AM
| Catherine Ngai
NEW YORK A rebound in steel product imports is in the works, according to the Tampa Port Authority, with a burgeoning domestic real estate sector and new transportation options lending the market some renewed strength.
"We did feel a significant drop off (in steel imports) after the real estate bubble burst during the recession. But weve recently seen some new products come through the port, which we havent traditionally seen," Wade Elliott, senior director of marketing at the Tampa Port Authority, told AMM during the Port of Tampas 24th Annual Steel Conference. "The market seems to be moving in a direction now, overall, that were encouraged about. The outlook is pretty bullish."....
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