Metal stocks steady as shipments, orders drop

Aug 24, 2012 | 03:14 PM | Corinna Petry

Tags  Metal producers, fabricators, shipments, new orders, inventories, durable goods, motor vehicles, aircraft turbines

CHICAGO — U.S. metal shipments and new orders declined in July compared with the previous month, but inventories changed only marginally, according to non-seasonally-adjusted Census Bureau data released Friday.

Primary metal producers’ shipments were valued at nearly $27.55 billion last month, down 5.9 percent from June, while new orders totaling $26.8 billion were 2.5 percent lower. But year-to-date shipments were up 19.1 percent compared with the first seven months of last year, while new orders were 17.1 percent higher.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results