Metal Center News
Minimize

  
9-29-2010 News
Minimize
 Steel, Aluminum Shipment Growth Rate Rebounds in August

The rate of growth of steel and aluminum shipments from North American service centers rebounded in August, according to the Metals Activity Report from the Metals Service Center Institute, Rolling Meadows, Ill. Inventories of both metals changed very little during the month in both the United States and Canada.

August shipments of steel products from U.S. service centers totaled nearly 3.2 million tons, or 25.5 percent more than during the same month last year. Steel shipments for the first seven months of the year of about 23.7 million tons were 19.3 percent higher than during the 2009 period. U.S. steel inventories of 7.4 million tons at the close of August were 32.4 percent larger than stockpiles of August 2009 and, at current shipping rates, represented a 2.3-month supply.

Shipments of steel from Canadian metal centers totaled 489,600 tons in August, or 17.8 percent more than during the same month last year. Shipments for the first seven months of 2010 of nearly 3.8 million tons were 15.5 percent higher than a year ago. Canadian steel inventories totaled about 1.3 million tons at the end of August, 33.8 percent higher than a year ago and equal to a 2.6-month supply at current shipping rates.

Shipments of aluminum products from U.S. service centers totaled 126,600 tons, or 47.6 percent more than in August 2009. For the first seven months of the year, U.S. aluminum shipments of 860,400 tons were 22.9 percent ahead of those from last year. Aluminum stockpiles at service centers totaled 322,300 tons at the end of August, 23.4 percent larger than a year ago and equal to a 2.5-month supply.

In Canada, 11,300 tons of aluminum were shipped in August, up 11.3 percent from a year ago, bringing year-to-date shipments to 89,800 tons, an increase of 5.6 percent from last year. Aluminum inventories totaled 31,700 tons at Canadian metal centers at the end of August, 7.5 percent more than a year ago and equal to a 2.8-month supply.

  
From the Editor's Desk
Minimize
July 2014: Paper or Pixels? New MCNDigital Offers New Choices
More...
 
Pause
Business Practices and Technologies
Minimize
July 2014: Manage the Slow-Movers to Boost Inventory Turns
More...
The Cutting Edge, a service center technology supplement to Metal Center News
More...
Summer 2013
More...
 
Pause
New Products
Minimize
Trumpf Expands Range on TruMark 5000 Series
More...
Koike Aronson Debuts New Plasma Cutter
More...
Miyachi Unitek's Sigma XY
More...
New TMC is Messer's Largest Cutting Machine
More...
Laserdyne 795 XLZ Designed for 3D Parts
More...
Mazak's STX Champion Cuts Thick Sheets
More...
 
Pause
Directories
Minimize

 
Metal Distribution 2014  is your on-line guide to Metal Producers, Equipment Manufacturers and Software companies.
 



 
2014 Directory of Master Distributors
Not Published on This Web site
The Metal Center News Directory of Master Distributors—distributors who sell to other distributors—is an invaluable tool for service centers seeking new sources for special or hard-to-find products. Master distributors play an important role in the marketplace, giving service centers an alternative to buying in mill quantities and helping to remove redundant and excess inventories from the distribution channel.


Print copies are available for $85 U.S. for each copy.
Download Order Form.
 
2014 Directory of Toll Processors
Not Published on This Web site
Metal Center News'
annual toll processing directory is a simple-to-use resource to help companies locate service providers that can meet their specific processing needs.


Print copies are available for $85 U.S. for each copy. Download Order Form.
Privacy Statement  |  Terms Of Use
Copyright by Metal Center News



Tuesday, September 02, 2014