North American October new aluminum mill order index up 11.9% on month

Wednesday, Nov 13, 2013
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The North American October net new aluminum mill order index rose 11.9% from September, according to the Aluminum Association.


New mill orders increased 1.1% from October 2012, while the year-to-date index is down 3.5%, the group said in Friday report.


October plate orders fell 13.6% from September and were down 10.4% from October 2012 levels.


October sheet orders were up 16.7% from September and 5.8% above the year-ago period.


October orders of extruded products rose 11.3% from September and were up 10% from a year ago. Foil orders last month jumped 30.5% from Septemeber and were 16.7% above those of October 2012, the report said.


Orders of domestic can stock increased 15% from September and were down 10.3% from October 2012. October orders of export can stock fell 15.2% from September, but were up 20.2% from a year earlier.


The index is based on reports of new orders, less cancellations, received by 23 participants for the previous month.

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