Here's a January report in PDF on US steel imports and production. The US is third in the world after China and India. We imported most of our steel from China. The big increase was from Australia and Canada didn't even make the list of the top 10 countries we import from. With an appetite like that even in a recession, we're still going to be importing. So we'll have to see how it all shakes out.
Jan Steel Report The US steel workers are saying "give us the business" but we've shut enough plants we simply don't have the capacity any more.
Artemis
