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Volumes of import of stainless steel in the US grow

Analysts at the US rolled metal market recorded an increase in the volume of stainless steel in the country of import. In particular, according to data for the last month in the United States were imported more than 100.85 thousand. Tons of stainless steel, while in March the figure was only 93,900 tons. Thus, the April level of imports of the metal in this category exceeded the volume of foreign supplies in March by more than 7%. In the beginning of the year the volume of imports of stainless metal progress indicators (when comparing similar periods) were more modest — less than 5% growth.

Earlier it was reported that the US stainless steel market operators alarmed the negative impact that a large volume of cheaper imported alloyed metal on «local» prices. For example, experts Pennsylvania company Allegheny Technologies Inc. (One of the largest special steel producers in the world) have estimated that for the first 3 months of this year, the cost of standard grades of stainless steel metal in the price list for the domestic market decreased by more than 16% (relative to the prices of the same period of 2011). Fell and sales: up 7.6% compared to 1-x quarters of 2011 and 2012, although the market saw an increase in buying activity (only in January, stainless steel consumption in the US grew by 7.2% compared to the previous month, reaching 215.5 thous. tonnes).

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