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Stainless imports drop in November

Jan 02, 2014 | 05:05 PM |

Tags  stainless steel, imports, U.S. Census Bureau, cold-rolled stainless sheet, semifinished stainless, Rey Mashayekhi

NEW YORK — U.S. imports of stainless steel products declined in November largely due to lower shipments of cold-rolled sheet and semifinished products, according to preliminary U.S. Census Bureau data.

Stainless steel imports totaled 67,430 tonnes in November, down 16 percent from 80,262 tonnes the previous month and 29.2 percent below 95,199 tonnes a year earlier.

Cold-rolled sheet imports totaled 17,524 tonnes, down 22 percent from 22,466 tonnes in October and 21.8 percent from 22,404 tonnes in November 2012. Imports of blooms, billets and slabs totaled 9,417 tonnes in November, down 27.7 percent from 13,029 tonnes the previous month and 55.9 percent below 21,360 tonnes a year earlier.

Stainless steel imports totaled 828,261 tonnes in the first 10 months of last year, down 14.5 percent from 968,589 tonnes in the same period a year earlier. Imports of cold-rolled sheet fell 14.2 percent to 209,590 tonnes from 244,279 tonnes in the same comparison, while imports of semifinished products fell 18.9 percent to 87,619 tonnes from 108,082 tonnes.

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