This expanding glut has encompassed fossil fuels (coal, oil and natural gas), plus copper, lumber, iron ore, rare metals and even most agricultural products.
From Metals Service Center Institute, shipments declined from 2014 levels in November for both steel and aluminum in the U.S. and Canada at somewhat slower rates than October 2015 numbers.
American Supply Association’s Monthly Pulse report reveals member wholesaler-distributors recorded median sales growth of 1.1% for the month ending Oct. 31.