Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canada’s manufacturing sales rose by 14.8pc to C$57.8bn ($47.9bn) in March 2021 compared to C$50,390mn in March 2020 and grew by 3.5pc from C$55.8mn in February 2021, according to Statistics Canada (StatCan). 


Sales in the non-metallic mineral product increased by 21.2pc to C$1.4bn in March compared to C$1.1bn in the same month in 2020 and rose by 4.4pc from C$1.3bn in February this year. Sales of primary metal saw 27.8pc rise to C$4.6bn in March 2021 compared to C$3.6bn in March last year and up by 4.1pc from C$4.4bn in February 2021, according to StatCan. Sales of fabricated metal products grew by 8.8pc to C$3.4bn in March this year compared to C$3.2bn in the same month in 2020 while it increased by 0.7pc from C$3.4bn in February this year. 


Sales of transportation equipment including motor vehicles, bodies and trailers, Aerospace products and parts, ship and boat building  increased by 5.4pc in March this year to C$8.3bn from C$7.8bn in March last year while it grew by 8.8pc from C$7.6bn in February this year, StatCan reported 


($1 = C$1.21)

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