Oct. 26, 2016

MSCI: Shipments Slip in September

The increase in shipments from U.S. service centers in August was short-lived, with year-over-year declines in steel and aluminum products in September, reports the Metals Service Center Institute, Rolling Meadows, Ill., in its latest Metals Activity Report.

U.S. service centers shipped 3.0 million tons of steel products in September, down 6.6 percent from the same month in 2015 and 9.9 percent from August. For the year to date, shipments of 28.7 million tons were down 6.3 percent compared with last year.

Service center steel inventories totaled 7.6 million tons at the end of the month, a decrease of 17.2 percent from September 2015, and down 3.0 percent from the prior month. At September shipping rates, that represented 2.5 months of supply, down from 2.9 months the previous year.

U.S. service centers shipped 126,700 tons of aluminum in September, down 2.5 percent from September 2015 and 8.1 percent from the previous month. Year-to-date aluminum shipments of 1.2 million tons were down 4.5 percent from last year.

U.S. service center inventories of aluminum products totaled 392,900 tons at the end of September, down 1.8 percent from 2015, but up 1.9 percent from August. At September shipping rates, that represented 3.1 months of supply, about the same as the prior year.

Canadian service centers shipped 370,800 tons of steel in September, an 8.5 percent decrease from the same month in 2015, but up 1.6 percent from the previous month. Year-to-date shipments of 3.4 million tons were down 8.2 percent from 2015.

Canadian steel product inventories totaled 1.1 million tons at the end of the month, down 15.6 percent from the same month in 2015 and down 2.8 percent from August. At September shipping rates, that represented 3.0 months of supply, down from 3.3 months the previous year.

Canadian service centers shipped 10,900 tons of aluminum in September, a decrease of 15.2 percent from the previous year and down 0.1 percent from August. Shipments through the first eight months of 2016 totaled 94,000 tons, a decrease of 12.8 percent from 2015.

Canadian inventories of aluminum products totaled 30,300 tons at the end of the month, down 21.4 percent from September 2015, and down 2.8 percent from the prior month. At September shipping rates, that represented 2.8 months of supply, down from 3.0 months in August 2015.


November 2017: 'Steady but Sloppy' Fittingly Sums 2017
More...
 
Pause
November 2017: Scrap First Steel Impact from Storms
More...
Fall 2017: 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



Sunday, December 17, 2017