Import volumes are likely low because of slack demand and weak prices. Even with tonnage diverted by US protectionist moves wandering the world in search of buyers imports are unlikely to rise, but with static world demand and trading obstructed export figures from October onwards have nowhere to go but down. Direct exports to the USA are already much reduced, of course. They were running at half their year 2000 level in the nine months to September, and for this reason alone may not have much further to fall.
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