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October 16, 2017

Shipment Growth Flat to Declining in September

ROLLING MEADOWS, Ill., Oct. 16, 2017

Shipment Growth Flat to Declining in September

September shipments were flat on a year-over-year basis except for a small increase in U.S. aluminum shipments. U.S. steel inventories increased on a year-over-year basis for the first time since August of 2015.

U.S. Service Center Activity

U.S. service center steel shipments in September 2017 were essentially unchanged from September 2016. Steel product inventories increased 2.4% from September a year ago.

U.S. service center shipments of aluminum products in September increased by 3.5% from the same month in 2016. Inventories of aluminum products increased 2.3% from September a year ago.

Canadian Service Center Activity

Canadian service center shipments of steel products in September 2017 decreased by 3.8% from September 2016. Steel product inventories increased 4.2% from September a year ago and decreased 1.7% from last month.

Canadian service center aluminum shipments in September decreased 5.5% from the same month in 2016. Inventories of aluminum products increased 0.6% from September a year ago.

Contact:

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