Steel Mills

Canadian Service Center Shipments Increase

Written by Brett Linton

April 17, 2014

Canadian service center steel shipments for all carbon steel products were reported at 499,700 net tons (NT) in March, up 11.4 percent over February figures and up 5.8 percent from March 2013 shipments. With 21 shipping days in March, daily steel shipments are calculated to have been 23,800 tons per day, up from 22,400 tons per day the previous month.

Total steel inventories grew in March to 1,472,100 NT, an increase of 5.5 percent from the previous month but down 14.9 percent from March 2013 tonnage. Total steel receipts rose by 142,800 NT month-over-month to 576,400 NT, with an average daily receipt rate of 27,404 NT, up from 21,755 NT the previous month. Month’s supply stood at 2.9 months, down from 3.1 months in February.

Flat Rolled

Flat rolled shipments were reported at 252,400 NT in March, up 9.2 percent over February figures and up 3.6 percent from March 2013 shipments. Daily shipments are calculated to have been 12,000 tons per day, up from 11,600 tons per day the previous month. Inventories declined in March to 740,400 NT, down 2.2 percent from the previous month and down 30.0 percent from March 2013 tonnage. Flat rolled receipts increased to 236,000 NT, with an average daily receipt rate of 11,220 NT, down from 11,595 NT the previous month. Month’s supply stood at 2.9 months, down from 3.3 months in the previous month.

Plate

Steel plate shipments were reported at 100,300 NT in March, up 16.1 percent over February figures and up 10.8 percent from March 2013 shipments. Daily shipments are calculated to have been 4,800 tons per day, up from 4,300 tons per day the previous month. Inventories rose in March to 315,700 NT, up 21.3 percent from the previous month and up 11.3 percent from March 2013 tonnage. Plate receipts jumped to 155,700 NT, with an average daily receipt rate of 7,403 NT, up from 3,718 NT the previous month. Month’s supply was at 3.1 months, up from 3.0 months in February.

Pipe and Tube

Shipments of pipe and tube products were reported at 52,500 NT in March, up 9.4 percent over February figures and up 0.8 percent from March 2013 shipments. Daily shipments are calculated to have been 2,500 tons per day, up from 2,400 tons per day the previous month. Inventories were slightly up in March to 136,400 NT, up 3.2 percent from the previous month and up 1.9 percent from March 2013 tonnage. Pipe and tube receipts increased to 56,700 NT, with an average daily receipt rate of 2,696 NT, up from 2,393 NT the previous month. Month’s supply stood at 2.6 months, down from 2.8 months in the previous month.

Brett Linton

Brett Linton is a senior 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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