Thursday, July 01, 2004
In Need of Competitively Priced Steel, U.S. Steel Consumers Welcome Rising Steel Imports: "'Steel imports are up modestly for the first five months of 2004, but U.S. steel-consuming companies, especially those using hot- and cold-rolled steel, are in desperate need of increased supplies and prices that are competitive globally. Until the U.S. steel marketplace gets in step with the rest of the world, I am very concerned for the continued viability of large numbers of U.S. steel-consuming companies. We can only look at these steel import numbers and hope that imports continue to increase in order to meet U.S. manufacturers' requirements before even more damage is done.'"