Steel Mills

Canadian Distributor Flat Rolled Shipments/Inventories Lower
Written by Brett Linton
October 18, 2016
Canadian shipments for all steel products in the month of September were 370,800 net tons, an increase of 1.6 percent from the month before but a decrease of 8.5 percent from September 2015. Inventories at the end of the month stood at 1,116,500 tons, down 2.8 percent from last month and down 15.6 percent from the same month one year ago.
The daily average receipt rate for September was 16,114 tons per day (21 day month), down from 18,768 tons per day in August (22 day month). Total September receipts were 74,500 tons lower than the August figure. According to the MSCI, total steel product inventories stood at 3.0 months at the end of September, down from 3.1 months the month prior.
Flat Rolled
Canadian shipments of flat rolled products for the month of September were 203,600 tons, a decrease of 4.0 percent from August and a decrease of 14.7 percent from the same month one year ago. Inventories at the end of the month were 638,900 tons, down 2.2 percent from last month and down 23.4 percent from the same month one year ago. The daily receipt rate for September was 9,010 tons per day, down from 10,568 tons per day in August. Total tonnage received was 189,200 tons, down from 232,500 tons the month before. Flat rolled inventories stood at 3.1 months in September, unchanged from August.
Plate
Canadian shipments for plate products in the month of September were 66,000 tons, an increase of 21.8 percent from the previous month but a decrease of 5.1 percent from September 2015. Inventories at the end of the month were 200,500 tons, down 5.8 percent from last month and down 7.6 percent from the same month one year ago. The daily average receipt rate for September was 2,552 tons per day, down from 2,795 tons per day the month before. Plate inventories ended the month at 3.0 months, down from 3.9 months the month before.
Pipe and Tube
Canadian shipments for pipe and tube products in the month of September were 49,100 tons, an increase of 7.4 percent from the month before but a decrease of 2.2 percent from the same month last year. Inventories at the end of the month were 124,000 tons, down 3.1 percent from last month and down 4.6 percent from the same month one year ago. The daily average receipt rate for September was 2,148 tons per day, down from 2,441 tons per day the month before. Total months on hand for pipe and tube inventories stood at 2.5 months, down from 2.8 months at the end of August.

Brett Linton
Read more from Brett LintonLatest in Steel Mills

U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.

August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.

TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.

Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.

ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.