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    Market Segment

    February 18, 2016

    Canadian Distributor Flat Rolled Inventories Drop

    Written by Brett Linton

    A note from the Metals Service Center Institute (MSCI) regarding a change in data: “For this month’s Metals Activity Reports in Canada, and going forward, there have been changes in the companies in the sample. These changes result in a reduction in the number of product categories being reported. As indicated on the reports Carbon Structural and Aluminum Extruded Shapes are no longer included. The report totals and historical data also reflect these changes.”

    Canadian shipments for all steel products in the month of January were 389,700 net tons, an increase of 42.8 percent from the month before but a decrease of 4.0 percent from January 2015. Inventories at the end of the month stood at 1,250,200 tons, up 7.2 percent from last month but down 19.2 percent from the same month one year ago. The daily average receipt rate for January was 23,695 tons per day (20 day month), up from 13,595 tons per day the month before (21 day month). Total January receipts were 188,400 tons higher than the December figure. According to the MSCI, total steel product inventories stood at 3.2 months at the end of January, down from 4.3 months at the end of December.

    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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