Canadian Service Center Shipments Up in August

Flat Rolled

Canadian shipments of flat rolled products in August totaled 204,600 tons, up 13.0 percent from July, but down 3.6 percent over the same month one year ago. Daily shipments increased from 9,000 tons per day in July to 9,300 in August, but were down compared to one year ago when they were 9,600 tons per day. Inventories at the end of the month were 685,000 tons, down 0.3 percent from last month, but up 4.9 percent from the same month one year ago. The daily receipt rate for August was 9,214 tons per day, down from 9,760 tons per day in July. Total tonnage received was 202,700 tons, up from 195,200 tons the month before. Flat rolled inventories stood at 3.3 months in August, down from 3.8 months of supply in July.

Plate

Canadian shipments of plate products in August were 72,100 tons, an increase of 5.9 percent from the previous month, and an increase of 32.9 percent from August 2016. Daily shipments decreased from 3,400 tons per day in July to 3,300 tons per day in August. Inventories at the end of August were 175,300 tons, down 1.1 percent from the prior month, and down 17.7 percent from the same month one year ago. The daily average receipt rate for August was 3,191 tons per day, down from 3,910 tons per day the month before. Plate inventories ended the month at 2.4 months, down from 2.6 months the month before.

Pipe and Tube

Canadian shipments of pipe and tube products in August were 53,700 tons, an increase of 18.5 percent from the month before, and an increase of 17.5 percent from the same month last year. Daily shipments rose from 2,300 tons in July to 2,400 tons per day in August. Inventories at the end of the month were 128,400 tons, up 3.2 percent from last month and up 0.3 percent from the same month one year ago. The daily average receipt rate for August was 2,623 tons per day, up from 2,395 tons per day the month before. Total months on hand for pipe and tube inventories stood at 2.4 months, down from 2.7 months in July.