NEW YORK U.S. stainless
steel consumption and imports dropped in November compared with
the same month a year earlier, according to data from the
Specialty Steel Industry of North America (SSINA).
Domestic consumption of all
stainless products totaled 186,533 short tons, down 2.4 percent
from 191,202 tons in November 2011, while imports slipped 2.5
percent to 62,454 tons from 64,065 tons in the same
Stainless steel plate recorded
the most notable decreases. Consumption of 25,829 tons in
November was down 37.1 percent from 41,031 tons a year earlier,
and imports fell 40.3 percent to 12,767 tons from 21,368
Stainless sheet and strip
products bucked the downward trend, with consumption increasing
11.6 percent to 133,093 tons from 119,231 tons in November 2012
and imports jumping 37.2 percent to 33,683 tons from 24,548
tons in the same comparison.
Alloy tool steel imports dropped
46.7 percent to 5,659 tons in November from 10,624 tons a year
earlier, while electrical steel imports increased 15 percent to
13,443 tons from 11,685 tons.