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Aluminum shipments from US service centers rise in August
Edited by : AL CIRCLE
1 min read
Aluminum shipments from US metals service centers in August showed improvement from both a year ago and the prior month, according to the monthly activity report from the Metals Service Center Institute.
A total of 135,900 st of aluminum products were shipped by US service centers in August, an increase of 7.3% from the same month in 2010. It was also an increase of 15.6% from 117,500 st in July.
For 2011 year-to-date, aluminum shipments were 1.0 million st, an increase of 18.2% from the same period in 2010.
Inventories of aluminum products were 360,800 st at the end of August 2011, an increase of 11.9% from August a year ago and an increase of 1.9% from last month. At the current shipping rate, this represents 2.7 months of supply, according to MSCI.
A total of 135,900 st of aluminum products were shipped by US service centers in August, an increase of 7.3% from the same month in 2010. It was also an increase of 15.6% from 117,500 st in July.
For 2011 year-to-date, aluminum shipments were 1.0 million st, an increase of 18.2% from the same period in 2010.
Inventories of aluminum products were 360,800 st at the end of August 2011, an increase of 11.9% from August a year ago and an increase of 1.9% from last month. At the current shipping rate, this represents 2.7 months of supply, according to MSCI.
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