NEW YORK U.S. aluminum
distributors logged a slight increase in shipping rates in
September, according to Metals Service Center Institute (MSCI)
Service centers in the United
States shipped an average of 5,900 tons of aluminum products
per day last month, up 1.7 percent from 5,800 tons per day in
August, although total shipments fell 16.1 percent to 112,500
tons from 134,100 tons because there were fewer shipping days
in September. Inventories totaled 376,600 tons (3.3
months supply at current shipping levels) last month vs.
380,700 tons (2.8 months supply) in August.
Canadian service centers shipped 12,300 tons of aluminum
products last month, down 8.2 percent from 13,400 tons the
previous month, but the 600-ton-per-day average was unchanged.
Stocks at the end of September totaled 39,400 tons (3.2
months supply) compared with 39,200 tons (2.9
months supply) a month earlier.