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Steel Shipments Tumble in October

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U.S. steel shipments declined for the 14th straight month, while Canadian shipments returned to decline after a one-month reprieve, the Metals Service Center Institute reported in its latest Metals Activity Report.

U.S. service center steel shipments in October 2019 decreased 8.8 percent compared with the same month in 2018. Shipments of aluminum products decreased 2.1 percent from the prior-year October.

Canadian center steel shipments in October decreased 9 percent from the prior year. Aluminum shipments were up that same amount compared to October 2018.

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