From the Metals Service Center Institute, U.S. and Canadian shipments of both steel and aluminum in August returned to the year-over-year trend that was experienced earlier in 2013 in contrast from modest growth displayed in July.
From the Metals Service Center Institute, U.S. and Canadian shipments of both steel and aluminum in August returned to the year-over-year trend that was experienced earlier in 2013 in contrast from modest growth displayed in July.
U.S. service center steel shipments in August decreased by 0.6% from August 2012. Steel product inventories decreased 11.3% from August 2012. At the current shipping rate, this represents a decrease of 10.8% from a year ago. U.S. service center shipments of aluminum products decreased by 0.8% in August compared with the same period in 2012. Inventories of aluminum products decreased 4.1% from August 2012.