SMU Data and Models
August 19, 2014
Service Center Apparent Deficit for July -193,000 Tons
Written by John Packard
Service center flat rolled shipments rose by 7 percent or, 1 percent more than we had forecast when we last produced our Apparent Excess/Deficit report for our Premium subscribers. Flat rolled shipments in July averaged 108,800 tons per day up from the 101,700 tons per day shipped last July.
At the end of June we calculated service centers were short flat rolled inventory by 351,000 tons (-351,000). By the end of July the inventory deficit had been reduced by 158,000 tons and now stands at -193,000.
