Service Centers
Service Centers Increasing Flat Rolled Steel Inventories
Written by John Packard
December 8, 2013
Based on the results from our recent steel market analysis of the flat rolled steel service centers we found inventory levels increased to 2.30 months. As you can see by the graphic below, the Steel Market Update service center inventory levels tend to make very modest changes. It will be interesting to see if the MSCI official inventory data, which is due out this week, will also show an increase in carbon flat rolled inventory levels.
Our data is as of the first week of December and we will do another analysis in the middle of the month. The MSCI data shown below is as of the end of October.
John Packard
Read more from John PackardLatest in Service Centers
Steel Summit: Service center CEOs share straight talk on markets, customers, future
The chief executives from Majestic Steel, Olympic Steel, and Worthington Steel swapped notes on inventory discipline, customer trust, and the race to turn AI from hype into results.
Steel Summit: Analysts say demand likely to struggle until 2027
Steel industry analysts at this year's SMU Steel Summit said they see lackluster demand through this year and next.
Varsteel acquires Reliable Tube and Spartan Metal Processing
Varsteel Ltd. announced two new strategic acquisitions. The Canadian service center stated that the acquisitions position it to meet a wider range of steel product needs.
Steel Summit: Reliance CEO eyes potential M&A in Mexico, highlights tech plans
Karla Lewis, president and CEO of Reliance Inc., told attendees of SMU’s Steel Summit 2025 that North America’s largest service center company is eyeing strategic opportunities in Mexico.
Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.