According to the latest statistics from Aluminum Association, “Index of Net New Orders of Aluminum Mill Products” for August increased 12.6% month on month.
Orders for aluminium flat roll products (sheet, plate, can stock and foil) were up 10.3%, while orders for extruded products increased 24.3%. Year on year, orders increased very insignificantly. On average, orders recorded by domestic producers through the first eight months of 2017 were up 1.7% year over year.
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Shipments of Aluminum Extruded Products (extruded shapes, pipe & tube, and rod & bar) by U.S. and Canadian producers stood at an estimated 477.3 million pounds during August 2017, a rise of 3.3% year over year. On a month on month comparison, shipments were up 10.4% over the July 2017 total of 432.5 million pounds. YTD shipments through August 2017 stood at 3,605.9 million pounds, up 1.8% over the same period of 2016.
Estimated shipments of aluminum drawing stock, bare wire and rod & bar by U.S. and Canadian producers stood at 99 million pounds during August 2017, off 3.6% year over year. On a month on month comparison, shipments were up 8.9% over July 2017. YTD shipments through August 2017 stood at 807.3 million pounds, up 1.6% from the same period of 2016.
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