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    Steel Mills

    Canadian Service Center Shipments and Inventories in July

    Written by Brett Linton


    Canadian shipments for all steel products in the month of July were 482,400 net tons, an increase of 0.3 percent from the month before and an increase of 5.0 percent from July 2013. Inventories at the end of the month stood at 1,467,800 tons, up 5.5 percent from last month and up 0.4 percent from the same month one year ago. The daily average receipt rate for July was 25,455 tons (22 day month), up from 23,171 tons the month before (21 day month). Total July receipts were 71,900 tons higher than the June figure. According to the MSCI, total months on hand stood at 3.0 months, up from 2.9 months the previous month but down from 3.2 months in July 2013.

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