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25 Mar
15:47

AIIS: Low February imports reveal lackluster demand

February’s dearth of steel imports signals a weak overall demand environment, according to the American Institute for International Steel. Using Census Bureau data, AIIS reports total February imports at 2.21 million short tons, down -16.5% from January and -38.3% year-on-year. “While imports increased 10% from December to January, the February decline has dampened hopes that 2016 would start with increasing steel consumption and, hence, economic …
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