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April 16, 2013

2013 Decline Accelerates

ROLLING MEADOWS, Ill., April 16, 2013

 

2013 Decline Accelerates

 

Metal shipments in March 2013 decreased at rates that were greater than the declines registered in January and February.

 

U.S. Service Center Activity

Steel shipments from U.S. service centers decreased 9.9% from March 2012. Steel product inventories decreased by 4.2% from March a year ago.

Aluminum shipments decreased 13.8% in March from the same month in 2012. Inventories of aluminum products decreased by 3.1% from last March.

Canadian Service Center Activity

Canadian service center steel shipments in March 2013 decreased 18.0% from the same month in 2012. Steel product inventories increased by 1.1% from March a year ago and decreased by 2.2% from last month.

Aluminum shipments decreased by 10.2% from the same month in 2012. Inventories of aluminum products, at the end of March, increased by 7.2% compared with March a year ago.

If you would like to subscribe to the full report, contact MSCI at the phone number given below.

Contact:

 

Chris Marti, vice president, research (847)485-3009

cmarti@msci.org