Market Segment
February 18, 2014
Canadian Service Center Shipments and Inventory in January
Written by Brett Linton
Canadian service center shipments for all steel products were reported at 495,300 net tons (NT) in January, up 42.0 percent over December 2013 shipments but down 5.2 percent from January 2013 figures.
With 22 shipping days in January, daily shipments are calculated to have been 22,500 tons per day, up from 17,400 tons per day the previous month. Inventory grew in January to 1,410,300 NT, up 3.3 percent from the previous month but down 20.5 percent from January 2013 tonnage. Total steel receipts rose month-over-month to 540,700 NT, with an average daily receipt rate of 24,482 NT, up from 22,845 NT the previous month.
