Canadian Service Center Shipments Decline, Inventories Rise

Flat Rolled

Canadian shipments of flat rolled products in June totaled 197,900 tons, down 10.3 percent from both May and the same month one year ago. Daily shipments decreased from 10,000 tons per day in May to 9,000 tons per day this month, and were down from one year ago when they were 10,000 tons per day. Inventories at the end of the month were 672,700 tons, up 1.5 percent from last month and up 3.7 percent from the same month one year ago. The daily receipt rate for June was 9,445 tons per day, up from 7,959 tons per day in May. Total tonnage received was 207,800 tons, up from 175,100 tons the month before. Flat rolled inventories stood at 3.4 months in June, up from 3.0 months of supply in May.

Plate

Canadian shipments of plate products in June were 78,400 tons, an increase of 1.2 percent from the previous month and an increase of 14.3 percent from June 2016. Daily shipments increased from 3,500 tons per day last month to 3,600 tons per day in June. Inventories at the end of the month were 167,100 tons, up 2.0 percent from last month, but down 16.1 percent from the same month one year ago. The daily average receipt rate for June was 3,709 tons per day, up from 3,636 tons per day the month before. Plate inventories ended the month at 2.1 months, unchanged from the month before.

Pipe and Tube

Canadian shipments of pipe and tube products in June were 55,000 tons, a decrease of 0.5 percent from the month before, but an increase of 37.0 percent from the same month last year. Daily shipments remained at 2,500 tons per day from May to June. Inventories at the end of the month were 121,800 tons, up 4.2 percent from last month, but down 4.1 percent from the same month one year ago. The daily average receipt rate for June was 2,723 tons per day, up from 2,700 tons per day the month before. Total months on hand for pipe and tube inventories stood at 2.2 months, up from 2.1 months in May.