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Quarterly Market Report
Thursday | 07 December, 2017 | 1:18 pm

Distributor shipments have risen in 2017

MM QMR 1217 leadDecember 2017 - Year to date through October, service center shipments of steel and aluminum have risen 3.6 percent and 4.7 percent, respectively, compared with 2016, reports the Metals Service Center Institute. October steel inventories dipped 4.5 percent versus September and, in the U.S., equaled 2.3 months’ supply on hand. Aluminum inventories among U.S. and Canadian MSCI members in October increased 1.2 percent from September. The Purchasing Managers Index tapered off in October but still indicates manufacturing growth.

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