27
May
11:11
GCC's shipments to US slump, Turkey's rise
Gulf Cooperation Council steel shipments to the US declined steeply in the first quarter, Kallanish learns from US Department of Commerce data.
United Arab Emirates-origin imports into the US fell -7% on-year in Q1 to 55,101 tonnes. Carbon steel long products shipments slumped -27% to 21,450t but pipe deliveries rose 15% to 29,015t.
Saudi Arabian-origin imports into the US totalled only 8,462t compared to 34,689t in Q1 2019. Pipe deliveries, at 5,499t, were only …
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Anonymous
Very good overview of the weekly steel market.
Anonymous