US steel trade deficit increases in Sept.

Nov 18, 2013 | 09:58 AM | Corinna Petry

Tags  U.S. trade balance, iron and steel, copper, metal scrap, Michael Montgomery, IHS Global Insight, Corinna Petry

CHICAGO — The U.S. iron and steel mill products trade deficit increased in September from the previous month, according to an analysis of the latest U.S. Bureau of Economic Analysis data.

Iron and steel exports increased 0.9 percent to $932 million while imports grew 2.8 percent to nearly $1.59 billion, resulting in a 5.7-percent increase in the trade deficit to $654 million from $619 million, although the year-to-date trade deficit of $4.96 billion was down 23.3 percent from $6.47 billion in the first nine months of last year.....

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