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October 17, 2024

Mixed Trends in Metal Shipments Across US and Canada

ROLLING MEADOWS, Ill

MSCI Metals Activity for the month of September 2024 indicates a mixed trend in steel and aluminum shipments across the US and Canada. In the United States, steel shipments saw a marginal decrease and aluminum declines moderated compared to the same month in 2023. In contrast, the slide in Canadian service center activity continued with double-digit drops in steel and aluminum over the same period.

U.S. Service Center Activity

U.S. service center steel shipments in September 2024 were down 0.4% from August 2023. Shipments of aluminum products decreased by 3.5% from the same month in 2023.

Canadian Service Center Activity

Canadian service center steel shipments in September 2024 decreased by 17.2% from September 2023. Shipments of aluminum products decreased by 12.4% 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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