Service Center Inventories Based on SMU Survey

Thursday, July 13, 2017 8:21 PM Written by 

The Metals Service Center Institute (MSCI) will release its service center inventories and shipment data next week. As we prepare to review their data, we thought our readers would be interested in what we collected about flat rolled steel inventories at distributors during our flat rolled steel market trends analysis last week.

Flat rolled steel service center inventories now average 2.32 months' supply based on a three-month moving average. As a single data point, distributors advised SMU during the survey process that their inventories were down to 2.28 months.



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John Packard

John Packard is the President and Publisher of Steel Market Update. Since 1977, he has been an active participant in the flat rolled steel business in North America. His background provides the unique flavor and quality of Steel Market Update. John has held positions in the service center, steel mill and trading company segments of the flat rolled steel industry. John founded Steel Market Update, Inc. in August 2008. John can be reached via email at: John@SteelMarketUpdate.com or by phone: 800-432-3475.

Website: www.SteelMarketUpdate.com
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