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    August 18, 2016

    Canadian Distributor Sheet Inventories & Shipments in July

    Written by Brett Linton

    Canadian shipments for all steel products in the month of July were 318,700 net tons, a decrease of 14.8 percent from the month before and a decrease of 14.9 percent from July 2015. Inventories at the end of the month stood at 1,100,800 tons, down 1.8 percent from last month and down 25.6 percent from the same month one year ago.

    The daily average receipt rate for July was 14,950 tons per day (20 day month), down from 15,650 tons per day in June (22 day month). Total July receipts were 45,300 tons lower than the June figure. According to the MSCI, total steel product inventories stood at 3.5 months at the end of July, up from 3.0 months the month prior.

    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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