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    Market Segment

    March 18, 2014

    Canadian Service Center Shipments Down 10.5%

    Written by Brett Linton

    Canadian steel service center shipments for all steel products were reported at 448,500 net tons (NT) in February, down 9.4 percent over January figures and down 3.2 percent from February 2013 shipments. With 20 shipping days in February, daily shipments are calculated to have been 22,400 tons per day, down from 22,500 tons per day the previous month. Inventory shrunk in February to 1,395,400 NT, down 1.1 percent from the previous month and down 21.2 percent from February 2013 tonnage. Total steel receipts fell 107,100 NT month-over-month to 433,600 NT, with an average daily receipt rate of 21,755 NT, down from 24,482 NT the previous month. Months supply stood at 2.5 months on an unadjusted and seasonally adjusted basis, with the unadjusted figure up from 2.3 months in January and the seasonally adjusted figure unchanged over the previous month.

    Flat Rolled

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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