Steel imports into US drop 17.1 percent in May

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

30 Jun 2009

The International Trade Administration reports that preliminary data released show that overall steel imports in May 2009 decreased 17.1 percent from April 2009. This change in the May total amount of steel imports was due to decreases in most categories including carbon and alloy blooms, billets, and slabs -88.7 percent, cold-rolled sheets -48.1 percent and line pipe -24.5 percent. Notable increases included carbon and alloy oil country goods 24.6 percent and plates in coil 21.3 percent. May 2009 imports of steel mill products were down 59.2 percent compared to May 2008.

Source: WWShipper