Aluminum shipments backslide into year-end

Dec 18, 2012 | 03:40 PM | Suzy Waite

Tags  MSCI, aluminum, service centers, distributors, aluminum shipments, Metals Service Center Institute, Suzy Waite

LONDON — Aluminum shipments by U.S. service centers fell nearly 13 percent in November from the prior month, and sources say they expect the trend to continue through year-end as December volumes continue to slide.

U.S. service centers shipped 109,100 tons of aluminum products in November, down from 125,000 tons in October and a nearly 10-percent drop from 120,800 tons shipped in November 2011, according to Metals Service Center Institute (MSCI) data.

On a tons-per-day basis, aluminum shipments fell 3.7 percent to 5,200 tons per day in November from 5,400 tons in October and dropped 13.3 percent year on year.....





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