N. American Aluminum Shipments Ease 0.4 Pct in Nov. Y/Y-Shanghai Metals Market

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N. American Aluminum Shipments Ease 0.4 Pct in Nov. Y/Y

Industry News 11:06:00AM Feb 10, 2012 Source:SMM

NEW YORK, Feb 8 (Reuters) - Demand for U.S. and Canadian aluminum products, measured as shipments from domestic producers plus imports, fell 0.4 percent in November 2011 versus November 2010, and slipped 8 percent from October, according to an aluminum industry group's latest report.

For the year through November, however, aluminum shipments were up 6 percent from the year-ago period, the report said.

Total demand slipped to an estimated 1.729 billion lbs in November 2011 from 1.736 billion in November 2010. That also was down from the 1.879 billion lbs shipped in October, according to the Aluminum Association's Aluminum Situation report.

For the year through November, aluminum shipments increased to 20.068 billion lbs from 18.941 billion for the similar 2010 period.

In a preview of December, the Association's Index of Net New Orders of Aluminum Mill Products declined 2.5 percent from November.

Orders for flat rolled products, including sheet, plate, can stock and foil, fell 3.3 percent, it said. Extruded products lost 8.5 percent. Orders for other mill products, including drawing stock and electrical wire and cable, jumped 14.8 percent.

Compared with December 2010, total new orders were up 4.5 percent.

In a breakdown of U.S. and Canadian products, demand for semi-fabricated, or mill, products edged up 0.8 percent in November to 1.138 billion lbs from 1.130 billion in November 2010, but dropped 7.6 percent from October 2011 when 1.232 billion lbs were shipped, the group said.

For the first eleven months, mill product shipments rose by 3.4 percent to 13.551 billion lbs from 13.101 billion in the 2010 period, the aluminum group said.

Demand for aluminum sheet and plate eased 0.7 percent to 680.1 million lbs in November from 684.8 million in November 2010, and tumbled 8.1 percent from 739.8 million lbs shipped in October, the association said.

Shipments of extruded products increased by 9.1 percent to 251.8 million lbs in November from 230.9 million lbs in November 2010, but declined by 5.8 percent from 267.4 million lbs shipped in October.

November shipments of aluminum ingot for castings and other uses fell by 2.5 percent to 590.7 million lbs from November 2010's 605.8 million lbs. But, ingot shipments lost 8.6 percent from the 646.5 million lbs shipped in October, the report said.

The industry group also said, U.S. and Canadian producer inventories grew by 5.1 percent in November to 2.312 billion lbs from 2.200 billion in November 2010, but fell by 2.3 percent to 2.366 billion lbs in October.
 

Key Words:  aluminum Al  aluminum shipment 

N. American Aluminum Shipments Ease 0.4 Pct in Nov. Y/Y

Industry News 11:06:00AM Feb 10, 2012 Source:SMM

NEW YORK, Feb 8 (Reuters) - Demand for U.S. and Canadian aluminum products, measured as shipments from domestic producers plus imports, fell 0.4 percent in November 2011 versus November 2010, and slipped 8 percent from October, according to an aluminum industry group's latest report.

For the year through November, however, aluminum shipments were up 6 percent from the year-ago period, the report said.

Total demand slipped to an estimated 1.729 billion lbs in November 2011 from 1.736 billion in November 2010. That also was down from the 1.879 billion lbs shipped in October, according to the Aluminum Association's Aluminum Situation report.

For the year through November, aluminum shipments increased to 20.068 billion lbs from 18.941 billion for the similar 2010 period.

In a preview of December, the Association's Index of Net New Orders of Aluminum Mill Products declined 2.5 percent from November.

Orders for flat rolled products, including sheet, plate, can stock and foil, fell 3.3 percent, it said. Extruded products lost 8.5 percent. Orders for other mill products, including drawing stock and electrical wire and cable, jumped 14.8 percent.

Compared with December 2010, total new orders were up 4.5 percent.

In a breakdown of U.S. and Canadian products, demand for semi-fabricated, or mill, products edged up 0.8 percent in November to 1.138 billion lbs from 1.130 billion in November 2010, but dropped 7.6 percent from October 2011 when 1.232 billion lbs were shipped, the group said.

For the first eleven months, mill product shipments rose by 3.4 percent to 13.551 billion lbs from 13.101 billion in the 2010 period, the aluminum group said.

Demand for aluminum sheet and plate eased 0.7 percent to 680.1 million lbs in November from 684.8 million in November 2010, and tumbled 8.1 percent from 739.8 million lbs shipped in October, the association said.

Shipments of extruded products increased by 9.1 percent to 251.8 million lbs in November from 230.9 million lbs in November 2010, but declined by 5.8 percent from 267.4 million lbs shipped in October.

November shipments of aluminum ingot for castings and other uses fell by 2.5 percent to 590.7 million lbs from November 2010's 605.8 million lbs. But, ingot shipments lost 8.6 percent from the 646.5 million lbs shipped in October, the report said.

The industry group also said, U.S. and Canadian producer inventories grew by 5.1 percent in November to 2.312 billion lbs from 2.200 billion in November 2010, but fell by 2.3 percent to 2.366 billion lbs in October.
 

Key Words:  aluminum Al  aluminum shipment