Steel Mills
June 17, 2017
MSCI: Shipments Up 7 Percent in May
Written by John Packard
Service center shipments of all steel products totaled 3,420,300 tons for the month of May, up 7.0 percent over year-ago levels, reports the Metals Service Center Institute. MSCI released May shipping, inventories and month’s-on-hand (MOH) data for the United States on Thursday, June 15.
The daily shipment rate for May was 155,900 tons, which is lower than the 163,700 tons seen in April. However, May had 22 shipping days, compared to 19 for the month of April.
