Citing Census data, the American Iron and Steel Institute reports a year-to-date increase of 14.3% in total steel imports and a 34.7% increase in finished steel imports, Kallanish understands.
In June, the US imported 2.81 million short tons of steel, which include 2.20m st finished, up from 2.3% and down 6% versus May, respectively. Over the twelve-month period from 2021 July and 2022 June, steel imports are up 38.2% and 50.1%. Finished steel import market share …
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