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January 21, 2025

Metal Shipments Continue Slide in US and Canada

ROLLING MEADOWS, Ill

MSCI Metals Activity for the month of December 2024 indicates steel and aluminum shipments in the US are down compared to the same period in 2023. Similarly, the fall in Canadian service center persisted with double-digit year-over-year decreases in steel and aluminum.

U.S. Service Center Activity

U.S. service center steel shipments in December 2024 were down 2.2% from December 2023. Shipments of aluminum products decreased by 5.0% from the same month in 2023.

Canadian Service Center Activity

Canadian service center steel shipments in December 2024 decreased by 19.5% from December 2023. Shipments of aluminum products decreased by 13.9% from the same month in 2023.

 

Contact:

Justin A. Scott, PhD, Vice President, Innovation & Analytics (847) 485-3009 jscott@msci.org

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