Metal producers, fabricators’ shipments, new orders climb

Mar 04, 2013 | 09:41 AM | Corinna Petry

Tags  metal producers, metal fabricators, shipments, new orders, inventories, durable goods, gross domestic product, Paul Edelstein IHS Global Insight

CHICAGO — U.S. metal producers’ shipments rose 10.5 percent in January to $28.38 billion, more than making up for a 4.3-percent decline in December, while new orders jumped 12.8 percent to $28.93 billion after falling 4.7 percent in the same comparison.

Metal fabricators’ shipments were valued at $26.12 billion in January; the 6-percent gain reversing a 5.8-percent drop in December. New orders rose 10.2 percent to $28.78 billion, the latest Census Bureau data show.....

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