Steel Mills
Canadian Service Center Shipments, Inventories in September
Written by Brett Linton
October 17, 2017
Steel shipments by Canadian service centers in September totaled 356,600 net tons, down 8.0 percent from the previous month, and down 3.8 percent from September 2016, reports the Metals Service Center Institute (MSCI). On a daily basis, total shipments were 17,800 tons per day in September (a 20-day month), up from 17,600 tons per day in August (a 22-day month), and up compared to a year ago when they were 17,700 tons per day (a 21-day month). Total steel inventories at the end of the month were 1,163,200 tons, down 1.7 percent from last month, but up 4.2 percent from this time last year.
The daily average receipt rate for September was 16,850 tons per day, down from 18,023 in August. Total September steel receipts were 337,000 tons, down 59,500 tons over August. According to MSCI, total steel product inventories stood at 3.3 months at the end of September, up from 3.1 months the month before.
Flat Rolled
Canadian shipments of flat rolled products in September totaled 178,100 tons, down 13.0 percent from August, and down 12.6 percent over the same month one year ago. Daily shipments decreased from 9,300 tons per day in August to 8,900 in September, and were down compared to one year ago when they were 9,700 tons per day. Inventories at the end of the month were 664,400 tons, down 3.0 percent from last month, but up 4.0 percent from the same month one year ago. The daily receipt rate for September was 7,875 tons per day, down from 9,214 tons per day in August. Total tonnage received was 157,500 tons, down from 202,700 tons the month before. Flat rolled inventories stood at 3.7 months in September, up from 3.3 months of supply in August.
Plate
Canadian shipments of plate products in September were 70,200 tons, a decrease of 2.6 percent from the previous month, but an increase of 6.4 percent from September 2016. Daily shipments increased from 3,300 tons per day in August to 3,500 tons per day in September. Inventories at the end of September were 171,700 tons, down 2.1 percent from the prior month, and down 14.4 percent from the same month one year ago. The daily average receipt rate for September was 3,330 tons per day, up from 3,191 tons per day the month before. Plate inventories ended the month at 2.4 months, unchanged from the month before.
Pipe and Tube
Canadian shipments of pipe and tube products in September were 50,800 tons, a decrease of 5.4 percent from the month before, but an increase of 3.4 percent from the same month last year. Daily shipments rose from 2,400 tons in August to 2,500 tons per day in September. Inventories at the end of the month were 134,400 tons, up 4.7 percent from last month and up 8.4 percent from the same month one year ago. The daily average receipt rate for September was 2,840 tons per day, up from 2,623 tons per day the month before. Total months on hand for pipe and tube inventories stood at 2.6 months, up from 2.4 months in August.
Brett Linton
Read more from Brett LintonLatest in Steel Mills
AHMSA opens doors to potential buyers as $1.3B asset auction nears
AHMSA is opening its doors to potential buyers to tour its steel plant and mining operations in northern Mexico in preparation for the next stage of its bankruptcy process: the auction of its assets.
USW seeks clarity on USS plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.
Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.
ArcelorMittal Mexico to import from sister mills as it works to resume DRI production
ArcelorMittal has partially restarted operations at its direct reduction plant in Lazaro Cardenas, Michoacan. An explosion on Aug. 18 rocked the massive steelworks on Mexico’s Pacific coast, impacting production of direct-reduced iron (DRI).
Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!