Aluminum shipments slide in June: MSCI
Jul 17, 2013 | 03:53 PM
| Michael Cowden
CHICAGO North American service centers are hoping for better times in the second half of 2013 and into 2014 after June brought another month of shipment declines compared with the same period last year.
Every month for which data is available in 2013 has seen U.S. aluminum shipments lower than in the same month of 2012, according to data from the Metals Service Center Institute (MSCI). June was no exception.
U.S. service centers shipped 121,900 tons of aluminum products last month, down 5.5 percent from 128,900 tons in June 2012, while inventories fell 2.7 percent to 366,900 tons (2.7 months supply at current shipping rates) from 376,900 tons (2.9 months supply) in the same comparison, according to MSCI data released July 17.....
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