Trade Resources Market View MSCI Shipped Steel Products in November Falls by 6.4% Year on Year

MSCI Shipped Steel Products in November Falls by 6.4% Year on Year

According to statistics released by the Metals Service Center Institute (MSCI), the US steel service center shipped 3.1 million short tons of steel products in November, falling by 6.4% year on year. Besides, the stocks of steel products at the US steel service center were at 8.2 million short tons at the end of November, down by 3.3% from a month ago while up by 0.9% year on year. Meanwhile, Canadian steel service center shipped 495,100 short tons of steel products in November, decreasing by 7.4% year on year. At the end of November, the inventories of steel products at Canadian steel service center totaled 1.7 million short tons, increasing by 24.1% year on year.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62143&division=A2
Contribute Copyright Policy
US Steel Service Center’S Shipment Drops in November
Topics: Metallurgy