ROLLING MEADOWS, Ill., Dec. 14, 2015

Shipments Decline Slows Slightly in November

Shipments declined from 2014 levels in November for both steel and aluminum in the United States and Canada at somewhat slower rates than last month. Inventory positions deteriorated again for both metals in both countries.

U.S. Service Center Activity

In November 2015, U.S. service center steel shipments decreased by 8.1% from November 2014. Steel product inventories decreased 7.0% from November a year ago.

U.S. service center shipments of aluminum products in November decreased by 3.3% from the same month in 2014. Inventories of aluminum products decreased 2.0% from November a year ago.

Canadian Service Center Activity

In November 2015, Canadian service center shipments of steel products decreased by 11.3% from November 2014. Steel product inventories decreased 19.1% from November a year ago.

Canadian service center aluminum shipments in November decreased 12.9% from the same month in 2014. Inventories of aluminum products decreased 10.7% from November a year ago.

Contact:

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