Steel shipments decline

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 14^th 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.