Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Rebound in North American Steel & Aluminum Shipment Growth Rate
Sep 20, 2010
 Printable format
 Email this Article
 Search

The rate of growth of steel and aluminum shipments from North American metals service centers rebounded in August, according to the Metals Activity Report from the Metals Service Center Institute. Inventories of both metals changed very little during the month in both the United States and Canada.

August shipments of steel products from U.S. metals service centers totaled nearly 3.2 million tons, or 25.5% more than in August of 2009. Steel shipments for the first seven months of the year of about 23.7 million tons are 19.3% higher than during the first seven months of 2009. U.S. steel inventories of 7.4 million tons at the close of August were 32.4% larger than in August 2009 and, at current shipping rates, represented a 2.3-month supply.

Shipments of steel from Canadian metal centers totaled 489,600 tons in August, or 17.8% more than during the same month last year. Shipments for the first seven months of 2010 of nearly 3.8 million tons are 15.5% higher than a year ago. Canadian steel inventories totaled about 1.3 million tons at the end of August, 33.8% higher than a year ago and equal to a 2.6-month supply at current shipping rates.

Shipments of aluminum products from U.S. metals service centers totaled 126,600 tons, or 47.6% more than in August 2009. For the first seven months of the year, U.S. aluminum shipments of 860,400 tons were 22.9% ahead of those from last year. Aluminum stockpiles at metals service centers totaled 322,300 tons at the end of August, 23.4% larger than a year ago and equal to a 2.5-month supply at current shipping rates.

In Canada, 11,300 tons of aluminum were shipped in August, up 11.3% from a year ago, bringing year-to-date shipments to 89,800 tons, a rise of 5.6% from last year. Aluminum inventories totaled 31,700 tons at Canadian metals service centers at the end of August, 7.5% more than a year ago and equal to a 2.8-month supply at current shipping rates.

Back to Daily News

 

Daily News

...........................................................

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

Aug 27, 2014: Electrolux Joins AllSeen Alliance to Develop Seamlessly Connected Appliances

Aug 27, 2014: HRAI Awards Industry Leaders at 46th Annual Meeting

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows