Metal Shipments Reverse Course in US and Canada
ROLLING MEADOWS, Ill
MSCI Metals Activity for the month of July 2024 indicates steel and aluminum shipments reversed recent trends compared to the same month in 2023. Steel shipments in the US along with aluminum in Canada increased. Meanwhile, aluminum shipments in the US and steel shipments in Canada were nearly flat.
U.S. Service Center Activity
U.S. service center steel shipments in July 2024 increased 6.3% from July 2023. Shipments of aluminum products increased by 0.5% from the same month in 2023.
Canadian Service Center Activity
Canadian service center steel shipments in July 2024 decreased by 0.4% from July 2023. Shipments of aluminum products increased by 3.7% from the same month in 2023.
Contact:
Justin A. Scott, PhD, Vice President, Innovation & Analytics (847) 485-3009 jscott@msci.org