US metals centers shipped 100,300 tons of aluminum products during December, or 26.7% more than during December 2009. Aluminum inventories at the end of the year totaled 2347,900 tons, 33.5% above the stockpiles of a year ago and equal to a 3.5 month supply of the metal at current shipping rates.
In Canada, metals service centers shipped 9,000 tons of aluminum during December, up 16.7% from the same month last year. Aluminum inventories at year end of 31,300 tons were 7.2% above stocks at the end of 2009 and at current shipping rates equal to a 3.5-month supply.
The Metals Activity Report based on data from metals service centers in the United States and Canada, is produced by the Metals Service Center Institute and a third-party econometrics and strategy firm, McCoy, Scott & Co.
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