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December 14, 2017

November Momentum Continues in the U.S., Slows in Canada

ROLLING MEADOWS, Ill., Dec. 14, 2017

November Momentum Continues in the U.S., Slows in Canada

November shipments increased again at high rates for steel and aluminum in the U.S. but declined for aluminum products in Canada and stayed flat for steel in Canadian.

U.S. Service Center Activity

U.S. service center steel shipments in November, 2017 increased 6.8% from November, 2016. Steel product inventories increased 7.9% from November a year ago.

U.S. service center shipments of aluminum products in November increased by 12.0% from the same month in 2016. Inventories of aluminum products increased 3.4% from November a year ago.

Canadian Service Center Activity

Canadian service center shipments of steel products in November, 2017 increased by 0.2% from November, 2016. Steel product inventories increased 4.3% from November a year ago.

Canadian service center aluminum shipments in November decreased 4.2% from the same month in 2016. Inventories of aluminum products increased 1.3% from November a year ago.

Contact:

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