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    Market Segment

    May 16, 2014

    Canadian Service Center Shipments and Inventories Down in April

    Written by Brett Linton

    Canadian steel service center shipments for all steel products during the month of April were 496,300 net tons, a decrease of 0.7 percent from the month before, and a decrease of 5.6 percent from April 2013. Inventories at the end of the month stood at 1,431,800 tons, a decrease of 2.7 percent from last month, and a decrease of 11.7 percent from the same month one year ago. The daily average receipt rate for April was 21,682 tons (21 day month), down from 27,404 tons the prior month (21 day month as well). Total April receipts were 120,400 tons lower than March. According to the Metal Service Center Institute, total months on hand stood at 2.9 months unadjusted or 3.1 months on a seasonally adjusted (SA) basis.

    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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