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Re: Who is right, Wall Street or uncle Wally?

By: micro in BAF | Recommend this post (0)
Mon, 05 Mar 18 5:38 AM | 58 view(s)
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Msg. 01254 of 06530
(This msg. is a reply to 01250 by Zimbler0)

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what was the percentage of the imports in tons from China compared to how much steel manufacturers actually used?

I think you are going to find that number ridiculously small...... as a percentage......

Consequently, it will have little effect if any on pricing of US products......




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The above is a reply to the following message:
Re: Who is right, Wall Street or uncle Wally?
By: Zimbler0
in BAF
Mon, 05 Mar 18 4:24 AM
Msg. 01250 of 06530

I hate to admit it . . . but it appears ZZ has a point
here.

>>>
2017
Steel Exports Report: China

https://www.trade.gov/steel/countries/pdfs/exports-china.pdf

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The United States ranked 26th as a destination for China’s steel exports, receiving 610 thousand
metric tons in YTD 2017, a five percent decrease from YTD 2016.

>>>

Zim.


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