imports of finished steel products by the US to grow

Imports of finished steel products by the US to grow

Based on the year-to-date import trends, the American Institute of Iron and Steel (AIIS) has predicted the total imports of finished steel products by the US to grow by nearly 16% during the entire year 2017.

As per data, finished steel imports by the country are likely to total 30.520 million net tons (Mt), significantly higher by 15.9% when matched with the yearly import total of 26.338 Mt in 2016.

The average finished steel imports during the current 3-month period from July to September 2017 based on preliminary imports has recorded 3.7% decline when matched with the rolling average of actual imports during the prior three months from April to June ’17.

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