Economy
November 20, 2016
Indirect Steel Trade – It's Bigger Than You Think
Written by Paul Lowrey
This article was written by Paul Lowrey, President of Steel Research Associates, LLC.
Over the last couple of years, a lot of attention has been paid to the high level of imports of steel mill products into the USA. Surprisingly, however, indirect steel imports have not received a lot of attention. Both the American Iron & Steel Institute (AISI) and World Steel Association (WSA) have done a lot of work in this area. Indirect steel trade is comprised of imports and exports of steel-containing goods (automobiles, appliances, etc.) expressed in tons of steel.
