Steel Shipments Up Sharply
ROLLING MEADOWS, Ill
MSCI metals activity for October 2023 reversed the trend of previous months with steel shipments up sharply for both the US and Canada. Aluminum shipments remain down in the US while still on the rise in Canada compared to year-ago levels.
U.S. Service Center Activity
U.S. service center steel shipments in October 2023 increased 5.9% from October 2022. Shipments of aluminum products decreased by 6.6% from the same month in 2022.
Canadian Service Center Activity
Canadian service center steel shipments in October 2023 increased by 8.6% from October 2022. Shipments of aluminum products were up by 7.4% from the same month in 2022.
Contact:
Justin A. Scott, PhD, Vice President, Innovation & Analytics (847) 485-3009 jscott@msci.org