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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