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January 19, 2015

Metals Activity Report December Results

ROLLING MEADOWS, Ill., Jan. 19, 2015

Metals Activity Report December Results

U.S. service center shipments of both steel and aluminum were higher in December 2014 than in the prior year. Year-to-date U.S. steel shipments were higher than 2013 by 4.2% while year-to-date U.S. aluminum shipments were up 8.1% year over year. Canadian results for December 2014 and for the year were similar.

U.S. Service Center Activity

In December 2014, U.S. service center steel shipments increased by 6.3% from December 2013. 

Steel product inventories increased 18.3% from December a year ago. At the current shipping rate, this represents an increase of 11.3% from a year ago.

In December, U.S. service center shipments of aluminum products increased by 11.8% from the same month in 2013. 

Inventories of aluminum products increased 8.0% from December a year ago. At the current shipping rate, this represents a decrease of 3.4% from a year ago.

Canadian Service Center Activity

In December 2014, Canadian service center shipments of steel products increased by 7.5% from December 2013. 

Steel product inventories increased 21.4% from December a year ago.  At the current shipping rate, this represents an increase of 13.0% from a year ago.

In December, Canadian service center aluminum shipments increased 18.2% from the same month in 2013. 

Inventories of aluminum products increased 12.2% from December a year ago. At the current shipping rate, this represents a decrease of 5.1% from a year ago.

 

 

Contact:

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