According to a report Wednesday from the Metals Service Center Institute, in January 2015, US service center steel shipments decreased by 3.4 percent from January 2014. Steel product inventories increased 16.4 percent from January a year ago.
Meanwhile, in January 2015, Canadian service center shipments of steel products decreased by 10.2 percent from January 2014. Steel product inventories increased 19.6 percent from January a year ago.