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    MSCI: March Shipments Below Seasonal Norm

    Written by Peter Wright


    Metals Service Center Institute data shows that service center shipments in March were slightly less than the seasonal norm. Daily shipments in March were down by 0.8 percent from the February result. On average since 2009, March shipments have increased by 0.3 percent; therefore, these latest numbers were seasonally slightly worse than the historical average for this time of year. Total carbon steel shipments were 155,400 tons per day in March and days on hand as of the 31st were 47.1, which was up from 46.5 at the end of February.

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