SMU Data and Models
Survey Results: Service Centers & Spot Warehouse/ Dealer Sales
Written by John Packard
March 23, 2013
SMU was following up on an article we did earlier this week regarding service center spot sales to other warehouses/dealers during our survey process. We wanted to go out to a larger audience and see what kind of impact distributors were seeing in their sales to other distributors. What we found through our survey is most service centers reporting that their spot sales either remained about the same (55 percent) or has actually improved (20 percent). Only 25 percent of those responding to this question reported a reduction in orders from their service center/dealer customers.

John Packard
Read more from John PackardLatest in SMU Data and Models

August service center shipments and inventories report
US service centers flat-rolled steel supply in August declined month-over-month (m/m) and year-over-year (y/y), according to SMU data.

Apparent steel supply remains elevated in July
Apparent supply totaled 8.88 million short tons (st) in July, down 38,000 st from June and 6% higher than the same month last year

HRC vs. prime scrap spread narrows slightly
The price spread between prime scrap and hot-rolled coil (HRC) narrowed by a hair this month, according to SMU’s most recent pricing data.

SMU Scrap Survey: Current Sentiment rises as Future Sentiment falls
SMU’s current Scrap sentiment index increased this month while future sentiment declined, according to our latest ferrous scrap survey data.

SMU scrap market survey results now available
SMU’s September ferrous scrap market survey results are now available on our website to all premium members.