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Significant Increase in Austrian Steel Exports to U.S.

Published: February 27, 2012; 15:44 · (Vindobona)

U.S. Steel Imports are rising substantially, prices are on the fall. Austrian suppliers could raise their share.

Increase in Austrian Steel Exports to U.S. / Picture: © Flickr

In January, the U.S. recorded steel imports of 2.31 million tons, which is a rise by 20.3% against January 2011. The volume was $ 2.65bn. As a result, the average price per ton amounted to $ 1149. In 2011, the average price was still $ 1180.

Although Austria is a small supplier, the Austrian steel company voestalpine and other niche players could increase their exports to the…

This article includes a total of 166 words.

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