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09 Feb
18:34

AIIS sees strong dollar restricting US exports

The rising value of the US dollar bit into steel exports in 2015, though a strengthening Nafta market could partially offset that over the coming year, Kallanish understands. The American Institute for International Steel reports US steel exports down -17.2% from 2014 to 2015 for a total of 9.97 million short tons. Half of those tons were slated for Canadian markets, and “… with that nation’s economy sputtering and the American dollar gaining …
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