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US Steel Imports in October

Steel

US steel imports rose by 0.4 Mt year-on-year to 2.8 Mt in October as shipments from Russia and South Korea increased, the US Census Bureau reports. However, imports have slowed sharply since earlier in the year and October’s total was well below the 2017 peak of 3.6 Mt achieved in June. At 29.7 Mt, imports in January-October were still well above the year-ago level of 25.0 Mt.