Service centers’ shipments in US and Canada drop in January

Wednesday, 20 February 2013 01:15:47 (GMT+3)   |   San Diego
       

The Metals Service Center Institute (MSCI) reported Monday that US steel service center shipped 3.6 million tons of steel products in January 2013, representing a decrease of 2.1 percent from January 2012. Steel product inventories were 8.7 million tons at the end of January 2013, a decrease of 0.4 percent over January a year ago and an increase of 2.2 percent from last month. At the current shipping rate, this represents 2.4 months of supply in inventory, an increase of 1.8 percent from a year ago.

Canadian service centers shipped 522,300 tons of steel products in January 2013. This represents a decrease of 6.9 percent from January 2012. Steel product inventories were nearly 1.8 million tons at the end of January 2013, an increase of 5.7 percent from January a year ago and a decrease of 3.2 percent from last month. At the current shipping rate, this represents 3.4 months of supply in inventory, an increase of 13.5 percent from a year ago.


Similar articles

Steel service center shipments fall in US and Canada

19 Mar | Steel News

MSCI: Service center inventories at end of December surge

17 Jan | Steel News

Steel service center shipments in US and Canada drop in November

19 Dec | Steel News

US and Canadian steel service center shipments drop in June

18 Jul | Steel News

US and Canadian steel service center shipments rise year-on-year

18 Jun | Steel News

US and Canadian service center shipments and inventories slip in March

18 Apr | Steel News

January shows signs of continued growth for US and Canadian service centers

17 Feb | Steel News

US and Canadian service center inventories on the rise in December

19 Jan | Steel News

US and Canadian service center inventories drop in November

21 Dec | Steel News

US and Canadian steel service center shipments rise in October

17 Nov | Steel News