Steel imports into US up during month of January

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

27 Feb 2009

Preliminary data released show that overall steel imports in January 2009 increased 13.36 percent from December 2008. This change in January’s total amount of steel imports was due to an increase in several categories including reinforcing bars (295.16 percent), cold-rolled sheets (59.32 percent), and carbon & alloy line pipe (25.51 percent). Notable decreases included galvanized hot-dipped sheets & strip (-18.01 percent), wire rod (-16.98 percent), and stainless blooms, billets, & slabs (-15.40 percent). January 2009 imports of steel mill products were down 12.16 percent compared to January 2008. Oil country goods, however, increased 136.44 percent from January 2008 to January 2009.

Source: WW Shipper