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May 16, 2014

Growth Continues in the U.S. in April

ROLLING MEADOWS, Ill., May 16, 2014

Growth Continues in the U.S. in April

Growth continued in the United States for both steel and aluminum on a year-over-year basis. Canadian steel and aluminum shipments declined year over year in April. 

 

U.S. Service Center Activity 

U.S. service center steel shipments in April 2014 increased by 4.9% from April 2013. 2014 year-to-date steel shipments increased by 3.1% from the same period in 2013. Steel product inventories increased 3.7% from April a year ago. 

In April, U.S. service center shipments of aluminum products increased by 9.4% from the same month in 2013. Inventories of aluminum products increased 6.7% from last year. 

 

Canadian Service Center Activity 

In April, Canadian service center shipments of steel products decreased by 5.6% from April 2013. Steel product inventories decreased 11.7% from April of last year. 

Canadian service center aluminum shipments in April decreased 5.3% from the same month in 2013. Inventories of aluminum products increased 6.6% from last year. 

 

If you would like more detailed information on steel and aluminum shipments and inventory, please contact Chris Marti, vice president, research (847) 485-3009 or cmarti@msci.org.