28 Sep 2012 Last updated at 09:42:28 GMT
US Steel imports remain negative in August
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WASHINGTON (Scrap Monster): As results of weakening performance on manufacturing sector and the overall US economy, the steel imports in the US keeps on moving down in August by 10.9% month-on-month, as per the latest statistics released by the US government.
Nevertheless, the country's steel imports surged by 16%, for the year-to-date period in 2012 compared to 2011.
Furthermore, the preliminary August steel imports were US$2.6 billion, in comparison of the preliminary July totals of US$2.7 billion.
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