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    Market Segment

    April 17, 2014

    Canadian Service Center Shipments Increase

    Written by Brett Linton

    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.

    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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