Significant Increase in Austrian Steel Exports to U.S.
U.S. Steel Imports are rising substantially, prices are on the fall. Austrian suppliers could raise their share.
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…