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US Steel Imports at 26-Month High in June

Steel

 US steel imports rose by 0.6 Mt year-on-year in June to 3.2 Mt, up slightly from May and the highest level since April 2015, according to preliminary import licence data from the US Census Bureau. US steel imports have increased strongly in recent months and the 1h17 total, of 17.5 Mt, was up by 3.2 Mt on the same period last year. A policy decision regarding US steel imports could be imminent following the Section 232 investigation.