US Aluminum Shipments Increase Double Digits in October
ROLLING MEADOWS, Ill
MSCI Metals Activity for the month of October 2024 indicates aluminum shipments in the US are up sharply over the same period in 2023. Steel shipments in the US remained flat. Meanwhile, the slide in Canadian service center activity persisted in steel and aluminum over the same period.
U.S. Service Center Activity
U.S. service center steel shipments in October 2024 were down 0.8% from October 2023. Shipments of aluminum products increased by 12.6% from the same month in 2023.
Canadian Service Center Activity
Canadian service center steel shipments in October 2024 decreased by 9.2% from October 2023. Shipments of aluminum products decreased by 13.4% from the same month in 2023.
Contact:
Justin A. Scott, PhD, Vice President, Innovation & Analytics (847) 485-3009 jscott@msci.org