Metals Service Center Institute reports October steel shipments fell in Canada after reversing 13 consecutive months of decline in September.
The decline in U.S. steel shipments continued for a 14th consecutive month. Aluminum shipments increased by a substantial amount in Canada, but declined in the U.S., MSCI reports.
U.S. service center steel shipments in October 2019 decreased by 8.8% from October 2018. Shipments of aluminum products decreased by 2.1% from the same month in 2018.
Canadian center steel shipments in October 2019 decreased by 9% from October 2018. Shipments of aluminum products increased by 9% from the same month in 2018.
Steel shipments decline
Source: MSCI
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