|
US stainless steel sheet demand weak in March
|
According to data of the Specialty Steel Industry of North America (SSINA), the US consumption of thin-gauge stainless steel flat products was weak in March even though the consumption of thicker-gauge products increased obviously.
The data showed that the country’s consumption of stainless steel sheets and strips totaled 410,414 short tons in March, falling by 8.9% year on year. The import volumes decreased by 16.4% year on year to 84,919 short tons, reflecting an increase of 1.9 percentage points in import penetration to 20.7%.
However, the country’s consumption of stainless steel plates enjoyed a rise of 24.4% year on year to 116,491 short tons in March. The import volumes surged by 34% year on year to 58,038 short tons, showing a rise of 3.6 percentage points in import penetration to 49.8%.
News Date
6/22/2012 9:28:40 AM
reported by
Nann Cheng
|
|
|
|
|