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

North American Metals Shipments Show November Upturn
Dec 22, 2010
 Printable format
 Email this Article
 Search

Metals service center shipments of steel and aluminum rose sharply in November, according to the latest Metals Activity Report, and the Metals Service Center Institute said this may signal of the beginning of a sturdier recovery for the metals industry.

Year-over-year steel shipments from U.S. service centers rose 28.4% in November 2010; Canadian shipments were 19.5% higher than November 2009.

U.S. aluminum shipments were 38.8% higher than November 2009; Canadian shipments were up 18.3%.

In each case, MSCI said, the sequential rise in shipments from October volume was pronounced.

U.S. service centers steel shipments in November 2010 were 2.99 million tons. Shipments for the first 11 months of the year were 32.8 million tons, up 20.2% from the same period in 2009.

U.S. service center steel inventories totaled 7.28 million tons at the end of November, 24.2% larger than year-earlier inventories and, at current shipping rates, equal to a 2.4-month supply.

Canadian metals service centers shipped 512,800 tons of steel products in November 2010 and, for the first 11 months of the year, shipped about 5.29 million tons, up 15.1% from the same period in 2009.

Canadian steel inventories at the end of November totaled nearly 1.3 million tons, or 30.4% more than a year ago. At current shipping rates, that is a 2.5-month supply.

Aluminum shipments in November from U.S. metals service centers were 110,300 tons. Shipments for the first 11 months of 2010 were 1.21 million tons, up 25.7% from the same period in 2009.

U.S. aluminum inventories at the end of November totaled 347,800 tons, or 35.9% more than at the end of November 2009. At current shipping rates, that equals a 3.2-month supply.

In Canada, November aluminum shipments were 12,600 tons, up 18.3% than during in November 2009. Year-to-date total shipments at the end of November were 126,200 tons, up 7.1% from the same period in 2009.

Canadian aluminum inventories were 31,000 tons at the end of November 2010, or 16.5% larger than in November 2009 and a 2.5-month supply at current shipping rates.

The Metals Activity Report (MAR) is based on data from metals service centers in the U.S. and Canada and is produced by MSCI along with third-party econometrics and strategy firm McCoy, Scott & Co.

Back to Daily News

 

Daily News

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

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

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

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

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows