Metals trade surplus narrows in June

Aug 07, 2013 | 04:18 PM | Corinna Petry

Tags  copper, iron and steel, scrap, metallurgical coal, aluminum, bauxite, tin, zinc nickel

CHICAGO — The U.S. metals trade surplus narrowed in June as both imports and exports fell compared with the previous month.

Iron and steel exports were flat at $914 million while imports fell 12.8 percent from May to $1.31 billion, resulting in the trade deficit falling to $393 million, a 32.7-percent decline from May, an analysis of the latest U.S. Bureau of Economic Analysis data shows.....

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