Steel Products
February 6, 2013
Increase in Economic Activity Expected - ISM Steel Buyers Survey
Written by Sandy Williams
Written by: Sandy Williams
In the January ISM Steel Buyers Survey, 50 percent of respondents said they had enough inventory on hand to cover 1-2 months (a decrease of 11 percent in December), while 33.3 percents had inventory to cover 2-3 months (up from 15.4 percent last month). Inventory on hand year-over-year was reported as up by 10 percent or more by 41.7 percent of respondents, an increase over levels reported in December.
