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    May 16, 2017

    Canadian Service Center Shipments and Inventories in April

    Written by Brett Linton

    Total Canadian steel shipments for all products in April were 362,400 net tons, down 14.0 percent from March and down 2.8 percent from April 2017. On a daily rate, total shipments were 19,100 tons per day in April (19 day month), up from 18,300 tons per day in March (23 day month), and up compared to one year ago when they were 17,800 tons per day (21 day month). Total steel inventories at the end the month were 1,143,100 tons, down 1.9 percent from last month and down 10.0 percent from this time last year.

    The daily average receipt rate for April was 17,921 tons per day, down from 18,039 tons per day in March. Total April steel receipts were 340,500 tons, down 74,400 tons over March. According to the MSCI, total steel product inventories stood at 3.2 months at the end of April, up from 2.8 months the month before.

    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.

    Read more from Brett Linton

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