NEW YORK U.S. stainless
steel imports jumped 30.8 percent in August compared with the
same month last year, while total consumption rose just 7
percent, according to the Specialty Steel Industry of North
Stainless imports totaled 89,730
tons in August, while U.S. consumption reached 220,170
Stainless sheet and strip
imports saw the most notable increases, with imports rising
50.2 percent year on year to 53,648 tons and consumption rising
13.2 percent to 155,571 tons.
Bar imports fell 0.8 percent to
11,763 tons, while consumption dropped 9.2 percent to 20,052
tons in the same comparison.
Imports of alloy tool steel
increased 18.6 percent to 13,089 tons, while electrical steel
imports fell 1.5 percent to 9,625 tons.
Stainless plate imports rose
11.9 percent to 17,674 tons in August, even while total
consumption fell 9.2 percent from August 2011 to 33,451