Based on preliminary reporting, total Steel imports in February 2009 were 1.55 million tons compared to 2.37 million tons in January 2009, a 34.5% decrease, and a 37.5% decrease compared to February 2008. According to year-to-date figures, imports decreased 23.9% compared to 2008 or from 5.15 million tons in 2008 to 3.92 million tons in 2009. The data show that imported semifinished products decreased by 80.3% in February 2009 as compared to February 2008. For the year-to-date period, semifinished imports decreased from 1.02 million tons in 2008 to .321 million tons in 2009, a 68.4% decrease, based on preliminary reporting.
Steel imports plummet due to dearth of orders at end of 2008
posted by AJOT | Mar 26 2009 at 08:00 PM | International Trade