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US steel exports plunged in November 2012
January 17, 2013 - 21:33 GMT
US Commerce Department
hot dipped galvanized
US steel exports fell to their lowest level in more than a year in November 2012, due to major decreases in semi-finished material.
Steel exports totaled 905,404 tonnes for the month, down 15.8%
from 1.08 million tonnes in October, according to data from the
US Commerce Department's Import Administration.
That was also lower than the 1.12 million tonnes reported in
the same month in 2011.
Exports of semi-finished material plunged 94.4% to 2,371 tonnes
after reaching 42,563 tonnes in October, largely due to
declines in shipments to Oman, Italy and the Dominican
Other major decreases were seen in heavy structural shapes,
down 9.4% to 93,018 tonnes; and hot-dipped galvanized sheet and
strip, down 9.7% to 92,316 tonnes following a decline in
shipments to Mexico.
Exports of standard rail products dropped to 6,368 tonnes, down
84.5% from 41,144 tonnes in October.
Monthly increases were logged in line pipe, up 15.5% to 45,915
tonnes; and oil country tubular goods (OCTG), up 5.2% to 28,911
This report was first published by American Metal
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