The United States' steel import licenses dropped month on month but soared year on year in August, according to government figures.
The US was licensed to import 2.30 million tonnes of steel in August, according to data from the US International Trade Administration's steel import monitoring system collected through Wednesday September 1. That was down by 17.86% from the preliminary US Census import total of 2.79 million tonnes the prior month but up by 95.26% from 1.18 million tonnes in August 2020.Import licenses for semi-finished goods - a product category that includes slab...