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April 15, 2016

Shipments Decline Picks Up Again in March

ROLLING MEADOWS, Ill., April 15, 2016

 

Shipments Decline Picks Up Again in March

The decline of shipments from 2015 levels continued at an accelerated pace in both the United States and Canada.

U.S. Service Center Activity

U.S. service center steel shipments in March 2016 decreased by 9.2% from March 2015. Steel product inventories decreased 2.0% from last month.

In March, U.S. service center shipments of aluminum products decreased by 2.6% from the same month in 2015. Inventories of aluminum products increased 1.4% from last month.

Canadian Service Center Activity

Canadian service center shipments of steel products in March 2016 decreased by 11.3% from March 2015. Steel product inventories decreased 1.9% from last month.

Canadian service center aluminum shipments in March decreased 7.2% from the same month in 2015. Inventories of aluminum products decreased by 1.6% from last month.

Contact:

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