|
|
| EXPORTS,
IMPORTS, and TRADE BALANCE |
|
| KEY
TRENDS |
- The
President applied safeguard measures in the form of higher tariffs
and tariff quotas on certain steel products in March 2002. Reductions
in relief were schedules for both March 2003 and March 2004;
however, the relief was terminated in December 2003.
- In
2003, international negotiations continued under the auspices
of the OECD to reduce global excess steel capacity and limit
subsidies to the steel industry.
-
Both import and export values increased significantly, as most
metals enjoyed significant price increases during the year in
response to increased consumption, largely by China.
|
| TRADE
SHIFTS in 2003 from 2002 |
-
U.S.
exports: Increased by $ 3.1 billion (8 percent)
to $43.0 billion
|
| LINKS |
|
USITC
PUBLICATIONS
Industry
Trade and Technology Review
U.S.
Primary Aluminum: Power Costs and Market Conditions could Cause
Long-term Restructuring
Major
Contraction of the Domestic Refined Copper Industry
Aluminum
Metal Matrix Composites Gaining Greater Market Acceptance
332
Investigations
Steel: Monitoring Developments
in the Domestic Industry (Investigation No. Ta-204-9) and Steel-consuming
Industries: Competitive Conditions with Respect to Steel Safeguard
Measures (Investigation No. 332-452)
OTHER
GOVERNMENT RESOURCES
United
States Geological Survey
Commodity
Statistics and Information
USTR,
Industry & Telecommunications
Steel
U.S.
Department of Commerice, Office of Energy, Environment, and Materials
Metals
Division
|
| SECTOR
SHIFTS |
|
|
| COUNTRY
SHIFTS |
| |
|
