North American metals service centers continued to report declining shipment totals for steel and aluminum during July, with all the reported examples showing double-digit reductions in tonnage from June and July 2015, though inventory levels also have declined versus the 2015 reports. The Metals Service Center Institute’s monthly Metals Activity Report details shipment and inventory totals for steel and aluminum at service centers in the U.S. and Canada.
Service center shipments correspond to a substantial volume of the metals consumed by machine shops and fabricators, and the activities at those operations are a reflection of industrial activity in the North America.
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