NEW YORK U.S.
and Canadian distributors carbon pipe and tubing
shipments fell in November and inventories rose, the latest
Metals Service Center Institute (MSCI) data show.
U.S. shipments totaled
206,200 tons for the month, down 3.4 percent from 213,400 tons
in the same month last year, while the tally fell 17.4 percent
vs. October. Inventories rose to 3.4 months supply from
3.3 months a year earlier and 2.9 months in October.
In Canada, November
shipments stood at 51,000 tons, down 6.9 percent from the same
month last year and 16 percent below Octobers 60,700
tons. Inventories rose to 2.7 months supply from 2.5
months a year earlier and 2.1 months in October.
Through November, U.S. shipments have fallen 1.7 percent
year on year to 2.54 million tons, while Canadian deliveries
have tumbled 8.5 percent to 593,000 tons.