CHICAGO U.S. service
centers saw both aluminum shipments and inventories decline in
April from the same month a year ago, while Canadian
distributors watched both rise in the same comparison, Metals
Service Center Institute (MSCI) data show.
U.S. service centers shipped
127,500 tons of aluminum products in April, down 1.2 percent
from 129,000 tons in April 2012, while inventories fell to
367,100 tons (3.1 months supply, seasonally adjusted)
from 376,900 tons (3 months supply), according to MSCI
For the first four months of the
year, U.S. service centers shipped 484,800 tons, down 8.2
percent from 528,100 tons in the comparable year-ago
Meanwhile, Canadian service
centers shipped 14,100 tons of aluminum products in April, up
5.2 percent from 13,400 tons in the same month last year, while
inventories jumped 5.1 percent to 37,100 tons (2.8 months
supply) from 35,300 tons (2.6 months supply).
However, in the first four
months of the year, Canadian service centers experienced a drop
in shipments to 52,500 tons, off 4.9 percent from 55,200 tons
in the same year-ago period.