Metal shipments, orders rebound in October

Nov 29, 2012 | 11:30 AM | Corinna Petry

Tags  Metal producers, fabricators, new orders, shipments, inventories, durable goods, IHS Global Insight, Paul Edelstein corinna petry

CHICAGO — U.S. metal producers’ shipments rose 1.8 percent in October following a 5.7-percent drop in September, while new orders grew 7.5 percent, more than reversing a 5.4-percent decline the previous month.

The value of primary metal producers’ shipments totaled nearly $28.35 billion last month, while new orders were valued at more than $28.57 billion, the latest Census Bureau data show.....

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