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U.S., Canadian steel shipments and inventories rising year on year

        Metals Service Center Institute released on Tuesday, August 2011, U.S. steel service center of shipments is 369 million tons, an increase of 15.4%. The end of August, inventories of steel is 8.46 million tons, an increase of 13.7%, 0.5% sequential increase. According to current situation of shipments, this is equivalent to 2.3 months of inventory demand. This year, total steel shipments rose 17%.

         the same months, the Canadian service center of steel shipments is 54.1 million tons, an increase of 10.5%. As of the end of August, steel inventories of 160 million tons, up by 27.2%, 0.4% qoq. According to current shipments situation, the inventory is equivalent to three months demand. This year, total steel shipments increased by 12.2%.

           Ontrend Industrial Limited is a professional  manufacturer and supplier for ERW Steel pipeSteel Channel Angles,Steel Bars and Tinplate.our aim is to give all of our customers “Good Quality, Better Price, Best Service” and keep “WIN-WIN” aim. Following these we are growing stable and rapidly.

 

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