fbpx
Back

November 15, 2016

October Declines in Metal Shipments Less than September

ROLLING MEADOWS, Ill., Nov. 15, 2016

 

October Declines in Metal Shipments Less than September

Metals shipments continued to decline on a year-over-year basis in October. The ongoing year-over-year decline in inventory levels has also continued.

 

U.S. Service Center Activity

In October 2016, U.S. service center steel shipments decreased by 8.6% from October 2015. Steel product inventories decreased 18.4% from October a year ago.

U.S. service center shipments of aluminum products in October decreased by 8.5% from the same month in 2015. Inventories of aluminum products decreased 3.8% from October a year ago.

Canadian Service Center Activity

In October 2016, Canadian service center shipments of steel products decreased by 6.1% from October 2015. Steel product inventories decreased 11.2% from October a year ago.

Canadian service center aluminum shipments in October decreased 12.7% from the same month in 2015. Inventories of aluminum products decreased 7.6% from October a year ago.

Contact:

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