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August 17, 2020

Metal Shipments Continue Year Over Year Decline in July

ROLLING MEADOWS, Ill.

While Metal shipments continue to show a modest recovery from the lows in April, shipments in both the U.S. and Canada declined again in July on a year-over-year basis.  Notably, Canadian aluminum shipments declined at double-digit rates in July as opposed to only 2.8% in June.

U.S. Service Center Activity

U.S. service center steel shipments in July 2020 decreased by 12.6% from July 2019. Shipments of aluminum products decreased by 10.4% from the same month in 2019.

Canadian Service Center Activity

Canadian service center steel shipments in July 2020 decreased by 18.0% from July 2019. Shipments of aluminum products decreased by 13.6% from the same month in 2019.

Contact:

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