Market Segment
June 19, 2014
Canadian Service Center Shipments and Inventories in May
Written by Brett Linton
Canadian shipments for all steel products in the month of May were 509,700 net tons, an increase of 2.7 percent from the month before, but a decrease of 1.0 percent from May 2013. Inventories at the end of the month stood at 1,384,900 tons, down 3.3 percent from last month and down 9.0 percent from the same month one year ago. The daily average receipt rate for May was 22,097 tons (21 day month), up from 21,682 tons the month before (21 day month). Total May receipts were 6,800 tons higher than the April figure. According to the MSCI, total months on hand stood at 2.7 months.
Flat Rolled
