US imports lower than expected as sheet declines

摘要

US imports dropped for the third consecutive month in August, with just over 2.2m tonnes of steel products coming into the country during that month.The preliminary August figure from the US Department of Commerce is down from 2.38m t in July, 2.45m t in June, and this year’s peak of 2.69m t in May.The 5.6% month-on-month decline was “larger-than-expected,” according to a Steel Market Intelligence note sent to Steel Business Briefing from veteran industry analyst Michelle Applebaum.