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    July 19, 2016

    Canadian Distributor Sheet Inventories & Shipments in June

    Written by Brett Linton

    Canadian shipments for all steel products in the month of June were 374,100 net tons, a decrease of 3.7 percent from the month before and a decrease of 14.4 percent from June 2015. Inventories at the end of the month stood at 1,120,500 tons, down 2.6 percent from last month and down 26.0 percent from the same month one year ago.

    The daily average receipt rate for June was 15,650 tons per day (22 day month), up from 12,790 tons per day in May (21 day month). Total June receipts were 75,700 tons higher than the May figure. According to the MSCI, total steel product inventories stood at 3.0 months at the end of June, unchanged from the month before.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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