Market Segment
August 25, 2016
Service Center Steel Inventories & Shipments in July
Written by Brett Linton
Last week the Metal Service Center Institute (MSCI) reported shipments and inventories for the month of July. We produced an article that normally goes to our Premium level members only last week but, one of our clients requested that we produce the report in the format we normally use for our Executive level members. Here goes:
US shipments for all steel products in the month of July were 2,918,700 net tons, a decrease of 13.8 percent from the month before and a decrease of 15.2 percent from July 2015. Inventories at the end of the month stood at 7,847,500 tons, up 2.7 percent from last month but down 14.5 percent from the same month one year ago.
