Orders for flat roll products in North America drop 10.3% in July

The Aluminum Association’s “Index of Net New Orders of Aluminum Mill Products” for July decreased 10.3% month on month. Orders for flat roll products (sheet, plate, can stock and foil) dropped 10.1% month-on –month. On an YTD comparison, the orders were up 1.8% in the first seven months of 2017.

Shipments of aluminium foil by U.S. and Canadian producers stood at 84.3 million pounds during July 2017, down 2.1% from July 2016. Compared to the previous month, shipments declined 3.2% from the June 2017 total of 87.2 million pounds. YTD shipments through July 2017 were down 2.8% to 569.3 million pounds from the same period of 2016.

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Aluminum Association reports that shipments of can stock by the US and Canadian producers stood at 348.6 million pounds during July 2017, registering a slight drop YoY. Compared to the previous month, shipments rose 1%. Year-to-date shipments through July 2017 dropped 2.4% to 2,397.0 million pounds. Producer shipments of can stock to U.S. markets were up slightly YoY to 297.2 million pounds in July, while exports were down 6.7% to 51.4 million pounds.