SMU Data and Models
December 17, 2013
SMU Service Center Apparent Deficit Drops to -58,000 Tons
Written by John Packard
Steel Market Update continues to enhance our proprietary service center inventory model which we call SMU Apparent Excess/Deficit. We are now forecasting service center inventories using our model and, for that reason, in the future we will move this data into the Premium Level within our website.
Using our model shipments, shipments were up year-over-year while inventories were down year-over-year. Our SMU Apparent Deficit model dropped to -58,000 tons vs. -361,000 last month.
