Search Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.

US metal shipments, orders fall in Dec.

Keywords: Tags  durable goods, metal producers, metal fabricators, aircraft, transportation equipment, Patrick Newport, IHS Global Insight, Corinna Petry

CHICAGO — U.S. metal producers’ shipments and new orders fell in December from the previous month, but the full-year totals were higher than in 2011.

December shipments were valued at $25.95 billion, down 4.3 percent from November, but full-year shipments jumped 12.5 percent to nearly $343.15 billion, the latest U.S. Census Bureau data show. New orders fell 4.7 percent to $25.74 billion in December, while the full-year total rose 9.5 percent to $336.91 billion.

Metal fabricators’ shipments totaled $24.8 billion in December, down 5.8 percent from $26.32 billion the previous month, but annual shipments of $329.31 billion were up 3.8 percent from $317.13 billion in 2011. New orders bucked the year-end trend, inching up 0.6 percent to $25.86 billion in December, and full-year orders of $333.75 billion increased 3.3 percent.

New orders for durable goods rose 4.6 percent to $230.74 billion in December on a seasonally adjusted basis, and shipments rose 1.3 percent to $230.57 billion.

Orders rose in December "because of a spike in the volatile aircraft category," said Patrick Newport, U.S. economist at IHS Global Insight Inc., Lexington, Mass.

"Outside of aircraft, the (new orders) numbers were mostly positive," he said, noting growth in all categories except fabricated metals and machinery.

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results