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Aluminum steady in April shipments from US and Canada
Edited by : AL CIRCLE
2 min read
North America’s aluminum exports through shipments increased during April, increasing their daily shipment rates.
The information is based on the Metals Service Center Institute’s Monthly Activity Report, which is based on data supplied by participating metals service centers for both countries.
April aluminum shipments by U.S. service centers rose to 127,500 tons, a growth of 9.1% improvement over the March total of 116,900 tons. The daily shipping rate also rose, from 5.6 tons per day to 5.8 tons per day. Year-on-year, U.S. centers aluminum shipments decreased 1.2% from the April 2012 total.
The four-month total for U.S. aluminum shipments is 484,800 tons, a -8.2% decline versus the January-April 2012 total.
Service centers’ aluminum inventories at the end of April increased 1.3% from March to April, from 362,400 tons to 367,100 tons. The new total is a -2.6% decline from the April 2012 inventory level, and it represents a 2.9-month supply for U.S. centers.
Canadian service centers shipped 14,100 tons of aluminum during April, an increase of 9.3% over the March total of 12,900 tons, and a 5.4% rise over the April 2012 total. The year-to-date shipment total for aluminum products is now 52,500 tons, -5.0% down from the January-April 2012 total.
Canadian service centers’ current daily shipping rate for aluminum products is 6,000 tons, unchanged from the March result.
Finally, the Canadian centers reported aluminum inventories of 37,100 tons at the end of April, down from 37,800 tons at the end of March, and representing a 2.8-month supply at the current shipping rate.
The information is based on the Metals Service Center Institute’s Monthly Activity Report, which is based on data supplied by participating metals service centers for both countries.
April aluminum shipments by U.S. service centers rose to 127,500 tons, a growth of 9.1% improvement over the March total of 116,900 tons. The daily shipping rate also rose, from 5.6 tons per day to 5.8 tons per day. Year-on-year, U.S. centers aluminum shipments decreased 1.2% from the April 2012 total.
The four-month total for U.S. aluminum shipments is 484,800 tons, a -8.2% decline versus the January-April 2012 total.
Service centers’ aluminum inventories at the end of April increased 1.3% from March to April, from 362,400 tons to 367,100 tons. The new total is a -2.6% decline from the April 2012 inventory level, and it represents a 2.9-month supply for U.S. centers.
Canadian service centers shipped 14,100 tons of aluminum during April, an increase of 9.3% over the March total of 12,900 tons, and a 5.4% rise over the April 2012 total. The year-to-date shipment total for aluminum products is now 52,500 tons, -5.0% down from the January-April 2012 total.
Canadian service centers’ current daily shipping rate for aluminum products is 6,000 tons, unchanged from the March result.
Finally, the Canadian centers reported aluminum inventories of 37,100 tons at the end of April, down from 37,800 tons at the end of March, and representing a 2.8-month supply at the current shipping rate.
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