Jan. 21, 2015

U.S. Steel, Aluminum Shipments Up in 2014
 
Full-year steel and aluminum shipments from U.S. service centers finished well ahead of 2013, reports the Metals Service Center Institute, Rolling Meadows, Ill. Canada's aluminum shipments were also ahead of their 2013 pace, but its steel shipments continued to lag last year.

U.S. service centers shipped 3.1 million tons of steel products in December, up 6.3 percent from the same month in 2013 and 0.7 from November. For the full year, steel shipments increased 4.2 percent to 43.1 million tons.

Service center steel inventories totaled 9.9 million tons at the end of December, up 18.3 percent from year-end 2013 and up 7.7 percent compared to the previous month. At December shipping rates, that represented 3.2 months of supply, up from 2.8 months the previous year.

U.S. service centers shipped 116,500 tons of aluminum during the month, up 11.8 percent from December 2013 and 0.2 percent from the previous month. Full-year aluminum shipments totaled 1.6 million tons, an 8.1 percent increase from 2013.

U.S. service center inventories of aluminum products totaled 408,200 tons at the end of December, up 8.0 percent from 2013 and up 1.0 percent from the previous month. At December shipping rates, that represented 3.5 months of supply, down from 3.6 months the previous year.

Canadian service centers shipped 374,700 tons of steel in December, a 7.5 percent increase from 2013, but a 16.7 percent decline from November. For the full year, Canadian steel shipments of 5.7 million tons were down 0.2 percent from last year.

Canadian steel product inventories totaled 1.7 million tons at the end of the month, up 21.4 percent from December 2013 and 4.2 percent from November. At December shipping rates, that represented 4.4 months of supply, up from 3.9 months the previous year.

Canadian service centers shipped 10,500 tons of aluminum in December, an increase of 18.2 percent from 2013, but down 21.0 percent from November. Full-year shipments of aluminum totaled 190,900 tons, an increase of 5.1 percent from the previous year.

Canadian inventories of aluminum products totaled 40,800 tons at the end of the month, up 12.2 percent from same month in 2013 and up 2.2 percent from November. At December shipping rates, that represented 3.9 months of supply, down from 4.1 months last year.

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Monday, December 11, 2017