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(AMM) Steel import permit applications retreat 14.5% in August

September 01, 2010 - 22:03 GMT Location: PITTSBURGH

KEYWORDS: import , permit , steel , American Iron and Steel Institute , Thomas J. Gibson

Steel import permit applications backpedaled in August, registering a 14.5-percent decline.

Steel import permit applications backpedaled in August, registering a 14.5-percent decline.

Steel permits of 2,082,000 net tons fell from July's 2,436,000 permit tons, the American Iron and Steel Institute said, citing Steel Import Monitoring and Analysis (Sima) data from the U.S. Commerce Department.

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