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Steel beam imports poised to decline sharply in August

Keywords: Tags  steel, beams, beam imports, Commerce Department, wide-flange beams, standard beams, Frank Haflich

LOS ANGELES — U.S. steel beam imports have continued to lag this month, in large part due to a decline in shipments from Luxembourg, according to U.S. Commerce Department data.

Import permit applications totaled nearly 13,278 tonnes through Aug. 27, down 34.5 percent from imports of 20,284 tonnes in all of July. The largest decline was recorded for wide-flange beams, with applications totaling 8,717 tonnes vs. imports of 14,263 tonnes in July.

Despite a rise in import applications for South Korean wide-flange beams to 4,963 tonnes from imports of 3,794 tonnes in July, permits for wide beams from Luxembourg fell to 1,531 tonnes from 4,354 tonnes in the same comparison and Japan permits slid to 668 tonnes from 2,227 tonnes.

Import applications for standard beams declined to 4,561 tonnes through Aug. 27 from imports of 6,021 tonnes in all of July, mainly due to an 81.9-percent decline in shipments from Luxembourg to 782 tonnes from 4,318 tonnes.

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