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June 18, 2013

U.S. and Canadian Metals Shipments Continue Below Last Year’s Levels

ROLLING MEADOWS, Ill., June 13, 2013

U.S. and Canadian Metals Shipments Continue Below Last Year’s Levels

U.S. Service Center Activity

U.S. service center shipments of steel products in May 2013 decreased 4.8% from May 2012. Steel product inventories at the end of May 2013 decreased 11.6% from May a year ago. At the current shipping rate, this represents 2.2 months of supply in inventory. Aluminum shipments by U.S. service centers decreased 2.7% from the same month in 2012. Inventories of aluminum products at the end of May 2013 decreased by 4.6% from May a year ago.  At the current shipping rate, this represents 2.8 months of supply in inventory.

Canadian Service Center Activity

Canadian service center steel shipments decreased by 10.1% from May 2012. Steel product inventories decreased 7.5% from May a year. The inventory to shipments ratio decreased 3.0% from a year ago. Aluminum shipments in May decreased 0.5% from the same month in 2012. Inventories of aluminum products increased by 2.7% from May a year ago. The inventory to shipments ratio increased by 3.3% from a year ago.

Contact:

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