Hot off the Press


 

SHARE:  

Specialty-Steel Imports Off in 2003

Specialty-Steel Imports Off in 2003

Wednesday, February 25, 2004
 
The Specialty Steel Industry of North America, Washington, D.C., has released statistics covering U.S. imports, consumption and market penetration for January-November 2003. Imports of specialty steel (stainless steel, alloy tool steel and electrical steel) decreased by one percent, to nearly 611,000 tons, compared to the same 2002 period. Concurrently, total specialty-steel consumption in the United States dropped by two percent for the year, meaning that import penetration increased by one percentage point, to 26 percent year on year. For stainless-steel, imports dropped by 7 percent, domestic consumption dropped by two percent, and import penetration dropped by two percent.

 

Visit Our Sponsors