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    Analysis

    Steel imports tumbled further in July and August

    Written by Brett Linton


    US steel imports declined for the second consecutive month in July, according to recently finalized US Commerce Department data.

    The total volume of steel products that entered the country in July eased to 2.24 million short tons (st), the second-lowest monthly rate recorded this year. Preliminary August license figures suggest imports fell 16% further to 1.88 million st, potentially the lowest rate seen since December 2020.

    Brett Linton

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