According to a report from the Metals Service Center Institute (MSCI), in August 2015 US service center steel shipments decreased by 8.9 percent from August 2014. Steel product inventories increased 1.9 percent over August a year. At the current shipping rate, this represents an increase of 11.8 percent from a year ago.
Meanwhile, in August 2015 Canadian service center shipments of steel products decreased by 6.3 percent from August 2014. Steel product inventories increased 3.4 percent from August a year ago. At the current shipping rate, this represents an increase of 10.3 percent from a year ago.