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December 16, 2013

Growth Reverses Again in November

ROLLING MEADOWS, Ill., December 16, 2013

Growth Reverses Again in November 

Only U.S. aluminum shipments increased in November from year earlier levels. Decreases in steel shipments in the United States and for both metals in Canada were moderate. Inventories are in line with shipping levels.

U.S. Service Center Activity

U.S. service center steel shipments in November 2013 decreased by 0.7% from November 2012. Steel product inventories decreased 1.0% from last month.

 

November U.S. service center shipments of aluminum products increased by 5.3% from the same month in 2012. Inventories of aluminum products increased 1.4% from last month. 

Canadian Service Center Activity

Canadian service centers shipments of steel products in November 2013 decreased by 4.5% from November 2012. Steel product inventories decreased 24.8% from November a year ago. 

 

Canadian service center aluminum shipments in November decreased 2.0% from the same month in 2012. Inventories of aluminum products decreased 11.7% from November a year ago.

Contact:

Chris Marti, vice president, research (847) 485-3009 or cmarti@msci.org