Market Segment
November 17, 2015
Canadian Distributor Flat Rolled Inventories
Written by Brett Linton
Canadian shipments for all steel products in the month of October were 422,400 net tons, a decrease of 6.5 percent from the month before and decrease of 18.3 percent from October 2014. Inventories at the end of the month stood at 1,355,300 tons, down 7.3 percent from last month and down 12.3 percent from the same month one year ago. The daily average receipt rate for October was 15,033 tons per day (21 day month), down from 17,281 tons per day the month before (21 day month). Total October receipts were 47,200 tons lower than the September 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
