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Imports continue downward; inventory reduction takes longer than expected.

Publication: Metal Center News
Publication Date: 01-JUN-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Imports continue downward; inventory reduction takes longer than expected.(MSCI)

Article Excerpt
Steel imports declined again in April, down 9.3 percent vs. March, reports the American Institute for International Steel, Washington, D.C.

"The decline in April continues to show the impact of the inventory overhang that has reduced import order taking in 2007," says David Phelps, president of AIIS. Import arrivals from non-NAFTA suppliers in April...

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