Steel Guru
Aluminium shipment in November down slightly from October
Edited by : AL CIRCLE
2 min read
November service center shipments grew at slightly slower rates for both steel and aluminum in the US and Canada. Steel inventory levels declined in the US and Canada from last month.
US Service Center Activity
120.8 thousand tons of aluminum products were shipped by US service centers in November, an increase of 9.5% from the same month in 2010. For 2011 year to date aluminum shipments were 1,392.0 thousand tons, an increase of 15.5% from the same period in 2010. Inventories of aluminum products were 359.5 thousand tons at the end of November 2011, an increase of 3.4% over November a year ago and an increase of 0.4% from last month. At the current shipping rate, this represents 3.0 months of supply on hand, a decrease of 5.6% from a year ago.
Canadian Service Center Activity
13.2 thousand tons of aluminum products were shipped by Canadian service centers in November, an increase of 4.7% from the same month in 2010. For 2011, year-to-date aluminum shipments were 136.7 thousand tons, an increase of 8.3% from the same period in 2010. Inventories of aluminum products were 35.3 thousand tons at the end of November 2011, an increase of 14.0% from November a year ago and a decrease of 2.9% from last month. At the current shipping rate, this represents 2.7 months of supply on hand, an increase of 8.8% from a year ago.
Founded in 1909, the Metals Service Center Institute has more than 370 members operating from about 1,200 locations in the US, Canada, Mexico, and elsewhere in the world.
US Service Center Activity
120.8 thousand tons of aluminum products were shipped by US service centers in November, an increase of 9.5% from the same month in 2010. For 2011 year to date aluminum shipments were 1,392.0 thousand tons, an increase of 15.5% from the same period in 2010. Inventories of aluminum products were 359.5 thousand tons at the end of November 2011, an increase of 3.4% over November a year ago and an increase of 0.4% from last month. At the current shipping rate, this represents 3.0 months of supply on hand, a decrease of 5.6% from a year ago.
Canadian Service Center Activity
13.2 thousand tons of aluminum products were shipped by Canadian service centers in November, an increase of 4.7% from the same month in 2010. For 2011, year-to-date aluminum shipments were 136.7 thousand tons, an increase of 8.3% from the same period in 2010. Inventories of aluminum products were 35.3 thousand tons at the end of November 2011, an increase of 14.0% from November a year ago and a decrease of 2.9% from last month. At the current shipping rate, this represents 2.7 months of supply on hand, an increase of 8.8% from a year ago.
Founded in 1909, the Metals Service Center Institute has more than 370 members operating from about 1,200 locations in the US, Canada, Mexico, and elsewhere in the world.
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