Author: 24 Feb 2012 Last updated at 04:05:47 GMT

US stainless steel consumption gains 8.3% Y-o-Y in Dec 2011: SSINA

NEW YORK (Scrap Monster): The United States stainless steel imports declined by 3.1% year-on-year to 64,065 metric tons in November 2011, according to the data released by the Specialty Steel Industry of North America (SSINA).|

According to the data, US stainless sheet and strip import decreased sharply by 35.4% year-on-year to 24,548 tons in November and stainless plate import advanced by 99.6% to 21,368 tons in November.

Stainless bar import increased by 2.8% year-on-year to 11,173 tons and stainless rod gained sharply by 18% to 2,615 tons. Stainless wire import advanced by 0.2% to 4,362 tons in November.

In December 2011, the US consumption of stainless steel totaled 191,202 tons, up by 8.3% in comparison of 176,512 tons in the same period of 2010.

The consumption of stainless sheet and strip totaled 119,231 tons, up by 2.8%; that of stainless plate was 41,031 tons, rising by 43%; that of stainless bar was 19,252 tons, down by 7.4%; that of stainless rod was 6,167 tons, increasing by 8.2% and that of stainless wire was 5,522 tons, surging by 3.6%, all compared to that in November, 2010.

METAL PRICE CHARTS

GET PRICE CHARTS

22ct Gold Scrap Price Charts

14ct Gold Scrap Price Charts

Platinum Scrap Price Charts

RELATED NEWS

Hong Kong's scrap exports surged in February

April 23rd 2015 08:29 AM
Hong Kong's scrap exports surged in February
According to latest trade statistics released by Hong Kong Census and Statistics Department, the scrap exports by the country surged…

US H1 scrap average prices remained flat as on Apr 20th

April 23rd 2015 08:30 AM
US H1 scrap average prices remained flat as on Apr 20th
The US H1 scrap price average prices were at $234.83 per long ton, as on 20th April, 2015

US Ferrous Scrap prices likely to trade in narrow range

April 22nd 2015 08:49 AM
US Ferrous Scrap prices likely to trade in narrow range
The US Ferrous scrap steel prices rebounded during the month of April this year, following increased buying by mills as…

Inner Mongolia Sees Rare Earth Export Price Down 38.2% in Q1 2015

April 22nd 2015 08:17 AM
Inner Mongolia Sees Rare Earth Export Price Down 38.2% in Q1 2015
Export volumes of rare earth from China's Inner Mongolia dropped 7% on the year in the first quarter, to 1,009.9…
Scrap Item Price Unit
6063 Extrusions 0.78 $US / Lb
Zorba 90% NF 0.63 $US / Lb
6061 Extrusions 0.71 $US / Lb
Old Sheet 0.55 $US / Lb
Al/Cu Radiators 1.31 $US / Lb
Old Cast 0.55 $US / Lb
Next Story