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Steel, aluminum inventories drop in May as demand slows in U.S., Canada.

Publication: Metal Center News
Publication Date: 01-JUL-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Steel, aluminum inventories drop in May as demand slows in U.S., Canada.(MSCI)

Article Excerpt
With demand for industrial metals softening, inventories of steel and aluminum products at service centers in the United States and Canada fell during May in a range of 2 to 5 percent from April's levels, reports the Metals Service Center Institute, Rolling Meadows, Ill., in its latest Metals Activity Report.

Steel shipments fell from May 2006 levels in both countries, with the U.S. shipment decline of 11.3 percent reflecting, in part,...



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