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Service Center Shipments Remain Down

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While metal shipments continue to show a modest recovery from the lows in April, shipments in both the U.S. and Canada declined again in July on a year-over-year basis, the Metals Service Center Institute reported in its monthly Metals Activity Report. Notably, Canadian aluminum shipments declined at double-digit rates in July as opposed to only 2.8 percent in June.

U.S. service center steel shipments in July decreased 12.6 percent from the same month in 2019. Shipments of aluminum products decreased 10.4 percent from July 2019.

Canadian service center steel shipments in July decreased 18 percent from the same month the prior year. Shipments of aluminum products decreased 13.6 percent from July 2019.

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