Metal stocks steady as shipments, orders drop
Aug 24, 2012 | 03:14 PM
| Corinna Petry
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.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.