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

Imported and exported industrial supplies in November declined 12.1pc and 2.3pc, respectively, compared to the same period a year ago, according to the latest advanced economic indicators data by the US Census Bureau.


It also recorded industrial supplies shipments into the US at $40.72bn in November 2019 compared to $46.39bn during the same period a year ago.


Industrial supplies data encompasses shipments of steelmaking and ferroalloying materials, steelmaking materials, iron and steel products, iron and steel mill products, aluminum, alumina and other non ferrous metals, as well as copper.


Exports of industrial supplies also declined in November to $44.2bn from $45.3bn during the same period last year.


Automotive vehicles totaling $13.4bn were exported in November, which is a 6.9pc increase from November 2018. Imports during the same period declined 5.9pc to $30.9bn in November compared to the same month in 2018, though they grew from around $29bn in October 2019.


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