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The US announced an increase in steel import permits

According to the American Iron and Steel Institute (AISI), steel import permits increased in March...

The US announced an increase in steel import permits

Steel import permits reached a level of 2,705,000 tons in March, showing a monthly increase of 23.1%.

The increase also affected the import permits for rolled steel

Import permits for rolled steel reached 1,943,000 tons in March, increased by 11.1% compared to February.

Total steel imports and rolled steel imports decreased on an annual basis

In the period of January-March 2023, total steel imports decreased by 10.4% on an annual basis to 7,603,000 tons, while rolled steel imports decreased by 14.0% on an annual basis to 5,693,000 tons.

Tinplate increased by 97%, cut steel sheet increased by 60%, tin coated sheet increased by 44%, billets and plates increased by 41% and galvanized steel sheet increased by 37%.

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