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September 16, 2016

August Metal Shipments Rise in the United States, Decline Slows in Canada

ROLLING MEADOWS, Ill., Sept. 16, 2016

 

August Metal Shipments Rise in the United States, Decline Slows in Canada

Metals shipments increased in the United States and their decline slowed dramatically in Canada in August.

 

U.S. Service Center Activity

In August 2016, U.S. service center steel shipments increased by 2.1% from August 2015. Steel product inventories decreased 14.5% from August a year ago.

U.S. service center shipments of aluminum products in August increased by 4.7% from the same month in 2015. Inventories of aluminum products decreased 2.9% from August a year ago.

Canadian Service Center Activity

In August 2016, Canadian service center shipments of steel products decreased by 6.1% from August 2015. Steel product inventories decreased 18.0% from August a year ago.

Canadian service center aluminum shipments in August decreased 9.2% from the same month in 2015. Inventories of aluminum products decreased 18.7% from August a year ago.

Contact:

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

cmarti@msci.org