Market Segment
October 15, 2015
Canadian Distributor Flat Rolled Inventories at 3.5 Months
Written by Brett Linton
Canadian shipments for all steel products in the month of September were 451,600 net tons, an increase of 5.5 percent from the month before but a decrease of 8.7 percent from September 2014. Inventories at the end of the month stood at 1,462,000 tons, down 5.7 percent from last month and down 3.3 percent from the same month one year ago. The daily average receipt rate for September was 17,281 tons (21 day month), down from 17,490 tons the month before (20 day month). Total September receipts were 13,100 tons higher than the August figure. According to the MSCI, total months on hand stood at 3.4 months on a seasonally adjust basis or 3.2 months unadjusted.
Flat Rolled
