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July 18, 2016

Rate of Shipments Decline Increases in June

ROLLING MEADOWS, Ill., July 18, 2016

 

Rate of Shipments Decline Increases in June

The rate of decline of shipments from 2015 levels accelerated again in both the United States and Canada in June. Inventory levels remain fairly flat.

 

U.S. Service Center Activity

In June 2016, U.S. service center steel shipments decreased by 5.1% from June 2015. Steel product inventories decreased 16.5% from June a year ago.

U.S. service center shipments of aluminum products in June decreased by 6.5% from the same month in 2015. Inventories of aluminum products decreased 1.5% from June a year ago.

Canadian Service Center Activity

In June 2016, Canadian service center shipments of steel products decreased by 14.4% from June 2015. Steel product inventories decreased 26.0% from June a year ago.

Canadian service center aluminum shipments in June decreased 16.5% from the same month in 2015. Inventories of aluminum products decreased 15.9% from June a year ago.

Contact:

Chris Marti
Vice President, Research 
(847) 485-3009
cmarti@msci.org