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January 16, 2018

December shipments increased again for steel and aluminum in the U.S. but declined for both metals in Canada.

ROLLING MEADOWS, Ill., Jan. 16, 2018

Pattern of Relative Strength in the U.S. Continues in December

December shipments increased again for steel and aluminum in the U.S. but declined for both metals in Canada.

U.S. Service Center Activity

U.S. service center steel shipments in December 2017 increased 2.8% from December 2016. Steel product inventories increased 6.8% from December 2016. U.S. service center shipments of aluminum products in December increased by 12.5% from the same month in 2016. Inventories of aluminum products increased 1.9% from December a year ago.

Canadian Service Center Activity

Canadian service center shipments of steel products in December 2017 decreased by 3.4% from December 2016. Steel product inventories decreased 3.1% from December a year ago. Canadian service center aluminum shipments in December decreased 2.4% from the same month in 2016. Inventories of aluminum products increased 4.7% from December a year ago.

Contact:

Chris Marti, vice president, data analytics and executive education (847) 485-3009 or cmarti@msci.org