The American Iron and Steel Institute reported increases in March permits versus final imports for February for multiple steel products, including cut-to-length plate (up 60%) and hot rolled coil (up 37%), based on Steel Import Monitor and Analysis (SIMA) data, Kallanish learns.
Other increases include OCTG products, up 61%, and line pipe, up 39%.
In March, steel import permit applications increased 23% to 2.7 million short tons from February’s permit figu…
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