Shipments Growth Continues in July
ROLLING MEADOWS, Ill., Aug. 15, 2014
Shipments Growth Continues in July
The healthy growth in steel and aluminum shipments exhibited last month continued into July for both U.S. and Canadian service centers.
U.S. Service Center Activity
In July 2014, U.S. service center steel shipments increased by 6.9% from July 2013. Steel product inventories increased 11.4% from July a year ago.
In July, U.S. service center shipments of aluminum products increased by 8.6% from the same month in 2013. Inventories of aluminum products increased 6.0% from July a year ago.
Canadian Service Center Activity
Canadian service center shipments of steel products in July 2014 increased by 5.0% from July 2013. Steel product inventories increased 0.4% from July a year ago.
Canadian service center aluminum shipments in July increased 11.4% from the same month in 2013. Inventories of aluminum products increased 6.6% from July a year ago.
Contact:
Chris Marti, vice president of research at (847) 485-3009 or cmarti@msci.org