Shipments of steel and aluminum from North America’s metals service centers increased during April, increasing their daily shipment rates, and inventories of steel products declined for centers in the U.S. and Canada.
The information is based on the Metals Service Center Institute’s Monthly Activity Report, which is based on data supplied by participating metals service centers for both countries.
Service centers’ steel deliveries totaled 3,629,500 tons across the U.S. during April, rising +5.9% from 3,428,100 tons during March. The daily shipping rate also rose, from 163.2 tons/day during March to 165 tons/day currently.
The April figure also represents a +2.1% improvement over the comparable April 2012 figure, 3,553,500 tons.
The year-to-date total for steel shipments from U.S. service centers is now 14,068,700 tons, which is a decline of -4.5% versus the January-April 2012 total.
The U.S. service centers reported steel inventories totaling 8,312,000 tons as April closed, -9.1% less than the April 2012 inventory total. It represents a 2.3-month supply of steel at the current shipping rate, which is down slightly from the March supply total.
April aluminum shipments by U.S. service centers rose to 127,500 tons, a +9.1% improvement over the March total of 116,900 tons. The daily shipping rate also rose, from 5.6 tons/day to 5.8 tons/day.
Year-on-year, U.S. centers aluminum shipments decreased 1.2% from the April 2012 total.
The four-month total for U.S. aluminum shipments is 484,800 tons, a -8.2% decline versus the January-April 2012 total.
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