China Aluminium Network
September aluminum shipments from US distributors up on year
Edited by : AL CIRCLE
2 min read
A total of 126,200 st of aluminum products were shipped by US service centers in September, up 6.6% from the same month a year ago, but down from 135,900 st of aluminum shipped in August, according to the monthly activity report from the Metals Service Center Institute released Tuesday.
For 2011 year-to-date, aluminum shipments were 1.14 million st, an increase of 16.8% from the same period in 2010.
Inventories of aluminum products were 353,500 st at the end of September, a 7.9% hike from the same month a year ago, but down 2% from the 360,800 st in inventory at the end of August 2011.
At the current shipping rate, this inventory represents 2.8 months of supply, according to MSCI, up 1.1% from a year ago.
Elsewhere, 13,300 st of aluminum products were shipped by Canadian Service Centers in September, an increase of 8.8% from the same month in 2010, MSCI added.
For 2011 year-to-date, aluminum shipments were 111,200 st, an increase of 9.1% from the same period in 2010.
Inventories of aluminum products totaled 34,900 st at the end of September, an increase of 11.2% from September 2010 and an increase of 1.9% from August.
At the current shipping rate, MSCI said this represents 2.6 months supply in inventory, an increase of 2.2% from a year ago.
For 2011 year-to-date, aluminum shipments were 1.14 million st, an increase of 16.8% from the same period in 2010.
Inventories of aluminum products were 353,500 st at the end of September, a 7.9% hike from the same month a year ago, but down 2% from the 360,800 st in inventory at the end of August 2011.
At the current shipping rate, this inventory represents 2.8 months of supply, according to MSCI, up 1.1% from a year ago.
Elsewhere, 13,300 st of aluminum products were shipped by Canadian Service Centers in September, an increase of 8.8% from the same month in 2010, MSCI added.
For 2011 year-to-date, aluminum shipments were 111,200 st, an increase of 9.1% from the same period in 2010.
Inventories of aluminum products totaled 34,900 st at the end of September, an increase of 11.2% from September 2010 and an increase of 1.9% from August.
At the current shipping rate, MSCI said this represents 2.6 months supply in inventory, an increase of 2.2% from a year ago.
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