Service Centers
September 20, 2017
MSCI: August Shipments Below Average
Written by Peter Wright
Service center shipments in August failed to perform as well as the average since 2009, according to data from the Metals Service Center Institute.
Daily shipments in August were 1.8 percent higher than in July. On average since 2009, August has increased by 3.0 percent, therefore the latest numbers were less than the historical average for this time of year. Carbon steel shipments were 143,100 tons per day in August and days on hand on the 31st averaged 50.4, almost the same as the 50.3 at the end of July.
