Sept. 30, 2015

U.S. Service Center Shipments Decline in August

U.S. service center shipments of both steel and aluminum declined in August compared to July, while Canadian shipments of both metals increased, reports the Metals Service Center Institute, Rolling Meadows, Ill. Shipments of steel products in the U.S. and Canada remained well behind a year ago, while both countries’ aluminum shipments remained slightly ahead of their 2014 pace.

U.S. service centers shipped 3.3 million tons of steel products in August, down 8.9 percent from August 2014 and 3.8 percent from the previous month. Through the first eight months of 2015, shipments of 27.6 million tons were down 5.8 percent compared to the prior year.

Service center steel inventories totaled 9.2 million tons at the end of the month, up 1.9 percent over August 2014, and up 0.1 percent from July. At August shipping rates, that represented 2.8 months of supply, up from 2.5 months in 2014.

U.S. service centers shipped 131,800 tons of aluminum products in August, a decrease of 2.2 percent from the same month last year and 4.7 percent from July. For the year to date, aluminum shipments increased 0.5 percent to 1.1 million tons.

U.S. service center inventories of aluminum products totaled 396,600 tons at the end of the month, down 1.2 percent from a year ago and 1.0 percent from the prior month. At August shipping rates, that represented 3.0 months of supply, flat with the prior year.

Canadian service centers shipped 428,000 tons of steel products in August, a decrease of 6.3 percent from 2014, but an increase of 3.6 percent from the prior month. Through the first eight months of 2015, steel shipments declined 7.7 percent to 3.6 million tons.

Canadian steel product inventories totaled 1.6 million tons at the end of the month, a 3.4 percent increase from the same month a year ago, but a decrease of 4.8 percent compared to July. At August shipping rates, that represented 3.6 months of supply, up from the 3.3 months last year.

Canadian service centers shipped 13,500 tons of aluminum products during the month, an increase of 4.3 percent from the same month last year and up 0.7 percent from July. For the year to date, aluminum shipments increased 1.3 percent to 108,900 tons.

Canadian inventories of aluminum products totaled 42,400 tons in August, up 2.8 percent from a year ago and up 2.4 percent from the prior month. At August shipping rates, that represented 3.1 months of supply, down from 3.2 months in 2014.


September 2017: Numbers Don’t Add Up for Service Centers
More...
 
Pause
September 2017: Lichtenstein: Five Steel Truths that Demand Attention
More...
Fall 2016: Cutting & Sawing Equipment
More...
Summer 2017
More...
 
Pause
Advanced Controls on Braner Slitters
More...
AHVS Precision Leveler Features Flip-Top Design
More...
Formtek’s Tishken Slitter Increases Production Volume
More...
Red Bud System Handles High-Strength Steels
More...
Bradbury Launches Flat Trak CL Monitoring System
More...
Artus Knives Custom Designed
More...
 
Pause
Privacy Statement  |  Terms Of Use
Copyright by Metal Center News



Monday, October 23, 2017