|
|
Article: Specialty Steel Industry of North America: Record Stainless Steel Imports
- Article from:
- PR Newswire
- Article date:
- February 3, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
WASHINGTON, Feb. 3 /PRNewswire/ -- "Stainless steel imports soared 13 percent in the eleven-month 1996 period ended in November and are headed for another record year. This import surge has absorbed most of the healthy U.S. market growth and devastated pricing during the year, particularly in commodity stainless steels," a spokesman for the Specialty Steel Industry of North America (SSINA) said today. The total imports of stainless steel in the January - November 1996 period were 519,147 tons, surpassing the 503,595 tons imported during the full 1995 year.
Domestic consumption in the 1996 period increased to 2,139,876 tons, up 5 percent over the comparable ...