(11-15-17)
Substantial Shipment Growth in October: October shipments increased over 2016 levels for steel and aluminum in both the U.S. and Canada. inventory positions improved across the board as well. U.S. Service Center Activity: U.S. service center steel shipments in October 2017 increased 10.7% from October, 2016. Steel product inventories increased 5.6% from October a year ago. U.S. service center shipments of aluminum products in October increased by 16.8% from the same month in 2016. Inventories of aluminum products increased 5.4% from October a year ago. Canadian Service Center Activity: Canadian service center shipments of steel products in October 2017 increased by 9.8% from October 2016. Steel product inventories increased 8.3% from October a year ago. Canadian service center aluminum shipments in October increased 7.0% from the same month in 2016. Inventories of aluminum products decreased 2.0% from October a year ago.