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Steel shipments decline for sixth straight month; correction continues.

Publication: Metal Center News
Publication Date: 01-APR-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Steel shipments decline for sixth straight month; correction continues.(MSCI)

Article Excerpt
North American steel shipments from metals service centers continued a six-month, year-over-year decline in February, while inventories, which peaked last fall in the United States and Canada, also moved lower, according to the latest Metals Activity Report from the Metals Service Center Institute, Rolling Meadows, Ill.

At this stage, steel inventory liquidation, which began four or five months ago, will continue into the second quarter, MSCI reports.

Aluminum shipments also fell in February compared...

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