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Finished-Steel Imports Rose in January; Import Market Share Increased to 23 Percent

Wednesday, February 22, 2012

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reports that the United States imported a total of 2.55 million net tons (NT) of steel in January 2012, including 2.1 million NT of finished steel--up 23 and 31 percent, respectively, from December 2011. Finished-steel import market share in January was an estimated 23 percent, up one percentage point from full-year 2011 and up four percentage points from December.

Key finished-steel products with significant import increases in January 2012, compared to December, include cold-rolled sheets (up 59 percent) and cut-to-length plates (up 42 percent).

In January vs. the month before, the largest volumes of finished-steel imports from offshore were from South Korea (up 55 percent), Turkey (up 71 percent), Japan (up 0.2 percent), Germany (up 25 percent) and China (up 15 percent). 


New Managers Onboard at Serapid

Tuesday, February 21, 2012
Serapid, Inc., Sterling Heights, MI, hired Dennis Lucas as vice president and general manager, and Robert Adams Jr. as engineering manager and chief engineer. The firm provides quick-die-change technology to the metalforming industry;

DARPA Funding a New Direct Digital Manufacturing Center

Tuesday, February 21, 2012
Sciaky, Inc., a provider of additive-manufacturing systems developing near-net-shape prototype parts, is teaming with the Applied Research Laboratory at Penn State University to launch the Center for Innovative Metal Processing through Direct Digital Deposition. Funding for the 6000-sq.-ft. center is being provided by the Defense Advanced Research Projects Agency (DARPA). Learn more about the center here ; Sciaky is online at


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