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17 Aug
01:00

North American stockist shipments down, inventories up

US and Canadian service centre shipments remained below year-ago levels in July as higher inventory levels persist, Kallanish learns from the latest monthly report from the Metals Service Center Institute (MSCI). US service centre shipments were down 7% year-on-year in July, while shipments in Canada decreased 14% from July 2014. At the same time, inventory levels are higher, with end-of-July inventories in the US 5% above July 2014. In Canada, steel …
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