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Service center shipments continue to decline in US and Canada
The Metals Service Center Institute (MSCI) reported Thursday that steel shipments declined from 2014 levels in September for both the United States and Canada. Inventory positions also deteriorated in both countries.
In September 2015, US service center steel shipments decreased by 10.9 percent from September 2014. Steel product inventories decreased 1.6 percent from September a year ago.
Meanwhile, Canadian service center shipments of steel products decreased by 8.7 percent from September 2014. Steel product inventories decreased 3.3 percent from September a year ago.