METALS DATA - US, Canada ali shipments take dive during particularly weak summer

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Tom Jennemanntom.jennemann@fastmarkets.comSenior North American Correspondent973-204-3383

Winter Park, Florida 07/09/2016 - Aluminium net shipments (including exports) by domestic US and Canadian facilities totaled an estimated 1.752 billion pounds or 794,701 tonnes during July, down 5.8 percent year-on-year, according to the Aluminum Association.

Shipments of aluminium mill products also decreased 5.8 percent from the previous year to 1.264 billion pounds or 573,346 tonnes, while shipments of aluminum ingot for castings, exports and destructive uses decreased by a similar 5.8 percent year-over-year, totalling 488 million pounds or 221,355 tonnes, the trade group said.

Preliminary producer shipments through July 2016 totaled 13.643 billion pounds or 6.2 million tonnes, up 1.4 percent over the same period last year. July inventory levels totaled an estimated 2.973 billion pounds or 1.35 million tonnes, up 2.2 percent over the previous month and down 3.0 percent year-over-year, it added.



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