Market Segment
July 17, 2014
Canadian Service Center Shipments and Inventories in June
Written by Brett Linton
Canadian shipments for all steel products in the month of June were 481,000 net tons, a decrease of 5.6 percent from the month before, but an increase of 6.0 percent from June 2013. Inventories at the end of the month stood at 1,391,100 tons, up 0.4 percent from last month but down 6.3 percent from the same month one year ago. The daily average receipt rate for June was 23,171 tons (21 day month), up from 22,097 tons the month before (21 day month). Total June receipts were 24,400 tons higher than the May figure. According to the MSCI, total months on hand stood at 2.9 months on an unadjusted and seasonally-adjusted basis.
Flat Rolled
