Service Centers
November 10, 2013
SMU Service Center Inventories at Lowest Level of the Year
Written by John Packard
Steel Market Update (SMU) asked those distributors participating in our twice monthly steel market survey to advise us how many months of flat rolled steel they have on hand. We do not pretend to possess the data base of the MSCI and we defer to their data base – especially in the case of the larger service centers.
Steel Market Update does not weigh the data based on the size of the company. Each company is treated equally and the data compiled provides a snap-shot which we believe is valuable when considering if flat rolled inventories are perceived to be short tons, balanced or in excess.
