Iron, steel trade deficit rises in Feb. as copper moves to surplus

Apr 09, 2013 | 04:51 PM | Corinna Petry

Tags  trade balance, iron, steel, copper, aluminum, alumina, bauxite, China trade Greg Daco

CHICAGO — The U.S. trade deficit for iron and steel mill products grew 11.5 percent month on month in February to $657 million, as exports slipped and imports rose 4.2 percent, according to the latest Bureau of Economic Analysis data.

However, the iron and steel mill products deficit for the first two months of the year fell more than 20 percent to $1.25 billion.....

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