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    Market Segment

    March 17, 2016

    Canadian Distributor Flat Rolled Inventories Show Slight Decline in February

    Written by Brett Linton

    Canadian shipments for all steel products in the month of January were 396,900 net tons, an increase of 1.8 percent from the month before and an increase of 2.0 percent from February 2015. Inventories at the end of the month stood at 1,211,700 tons, down 3.1 percent from last month and down 21.6 percent from the same month one year ago.

    The daily average receipt rate for February was 17,067 tons per day (21 day month), down from January’s surge of 23,695 tons per day (20 day month). Total February receipts were 115,500 tons lower than the January figure. According to the MSCI, total steel product inventories stood at 3.1 months at the end of February, down from 3.2 months at the end of January.

    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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