fbpx
Back

September 16, 2015

Shipments Decline Again in August

ROLLING MEADOWS, Ill., Sept. 16, 2015 

Shipments Decline Again in August 

With the exception of aluminum shipments in Canada, shipments declined from 2014 levels for both steel and aluminum in August. Inventory positions deteriorated only moderately for both metals in the United States and Canada. 

U.S. Service Center Activity 

In August 2015, U.S. service center steel shipments decreased by 8.9% from August 2014. Steel product inventories increased 1.9% over August a year. At the current shipping rate, this represents an increase of 11.8% from a year ago. 

U.S. service center shipments of aluminum products in August decreased by 2.2% from the same month in 2014. Inventories of aluminum products decreased 1.2% from August a year ago. At the current shipping rate, this is an increase of 1.0% from a year ago. 

Canadian Service Center Activity

 

In August 2015, Canadian service center shipments of steel products decreased by 6.3% from August 2014. Steel product inventories increased 3.4% from August a year ago. At the current shipping rate, this represents an increase of 10.3% from a year ago. 

Canadian service center aluminum shipments in August increased 4.3% from the same month in 2014. Inventories of aluminum products increased 2.8% from August a year ago. At the current shipping rate, this represents a decrease of 1.5% from a year ago. 

Contact:

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