Thomas Usher Quotes
In mid-1998, imported steel, including unprecedented volumes at predatory prices, began flooding U.S. markets. As a result, the group's shipments, average steel prices and operating levels suffered dramatically throughout the remainder of the year. 
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1998 | Imported | Steel | Including | Unprecedented |
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While we are encouraged by the improvement in second-quarter pricing and volumes, steadily increasing imports continue to adversely impact our business. After a brief period of improvement, we are seeing both our order book and prices soften due to surging imports and increasing evidence that the growth in the domestic economy is slowing.
- Thomas Usher
