December 04, 2008

USA increases stainless long product import

Specialty Steel Industry of North America has reported that US stainless steel bar and rod import for the first 8 months was up by 12% YoY while import for stainless steel wire remain unchanged.

The US consumed 158,500 short tons bar up by 4% YoY and 43,730 short tons rod down by 1% YoY. The consumption for wire was 55,800 short tons down by 2% YoY. Imports of stainless long and flat products in August rose by 2% YoY to 550,870 short tons, while the consumption was 1.54 million short tons.