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September 18, 2017

Shipment Growth Continues through August

ROLLING MEADOWS, Ill., Sept. 18, 2017

Shipment Growth Continues through August

Except for a small decline in Canadian aluminum shipments, the modest year over year growth in service center shipments of the last four months continued in August.

U.S. Service Center Activity

U.S. service center steel shipments in August 2017 increased by 2.7% from August 2016. Steel product inventories decreased 1.9% from August a year ago.

U.S. service center shipments of aluminum products in August increased by 10.8% from the same month in 2016. Inventories of aluminum products increased 3.2% from August a year ago.

Canadian Service Center Activity

Canadian service center shipments of steel products in August 2017 increased by 6.2% from August 2016. Steel product inventories increased 2.9% from August a year ago.

Canadian service center aluminum shipments in August decreased 3.4% from the same month in 2016. Inventories of aluminum products decreased 0.3% from August a year ago.

Contact:

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