Oct. 16, 2013

Service Center Shipments Bounce Back in September
 
North American service center shipments rebounded in September, with year-over-year improvements in both steel and aluminum in the U.S. and Canada, according to the latest Metals Activity Report from the Metals Service Center Institute, Rolling Meadows, Ill.

U.S. service centers shipped 3.4 million tons of steel products in September, an increase of 9.8 percent from the same month last year. For the year to date, steel shipments totaled 31.6 million tons, down 1.7 percent compared to 2012.

U.S. steel product inventories totaled 8.0 million tons at the end of the month, down 8.4 percent from a year ago, but an increase of 1.1 percent from August. At September shipping rates, that represented 2.4 months of supply, down from 2.8 months last year.

U.S. service centers shipped 121,700 tons of aluminum products in September, an increase of 8.2 percent from the same month last year. Year-to-date aluminum shipments totaled 1.1 million tons, down 3.4 percent from 2012.

U.S. inventories of aluminum products totaled 362,700 tons at the end of September, a decrease of 3.7 percent from 2012, and down 0.1 percent from August. At September shipping rates, that represented 3.0 months of supply, down from 3.3 months in 2012.

Canadian service centers shipped 474,900 tons of steel products in September, up 1.1 percent from the same month in 2012. For the year to date, steel shipments totaled 4.4 million tons, down 8.3 percent.

Canadian steel product inventories totaled 1.3 million tons at the end of the month, a decrease of 20.4 percent from last year, and a decrease of 6.5 percent from the previous month. At September shipping rates, that represented 2.7 months of supply, down from 3.5 months last year.

Canadian service centers shipped 12,400 tons of aluminum products in September, an increase of 1.1 percent from the same month last year. Year-to-date aluminum shipments totaled 117,400 tons, down 3.4 percent from 2012.

Canadian inventories of aluminum products totaled 35,000 tons at the end of the month, a decrease of 11.1 percent from 2012, and down 2.2 percent from August. At September shipping rates, that represented 2.8 months of supply, down from 3.2 months last year.

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Thursday, July 28, 2016