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December 15, 2016

Metal Shipments Increase in November

ROLLING MEADOWS, Ill., Dec. 15, 2016

 

Metal Shipments Increase in November

Metals shipments increased modestly in November. Inventories continued to decline by substantial percentages.

U.S. Service Center Activity

In November 2016, U.S. service center steel shipments increased by 3.3% from November 2015. Steel product inventories decreased 17.7% from November a year ago.

U.S. service center shipments of aluminum products in November increased by 5.3% from the same month in 2015. Inventories of aluminum products decreased 3.0% from November a year ago.

Canadian Service Center Activity

In November 2016, Canadian service center shipments of steel products increased by 11.3% from November 2015. Steel product inventories decreased 5.7% from November a year ago.

Canadian service center aluminum shipments in November increased 8.9% from the same month in 2015. Inventories of aluminum products decreased 3.7% from November a year ago.

Contact:

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