Steel Mills
October 16, 2014
Flat Rolled Inventories at Highest Levels Since October 2008
Written by John Packard
The Metal Service Center Institute (MSCI) reported steel shipment and inventory data for U.S. and Canadian service centers earlier this week.
The headline you will read in most periodicals is inventories rose even with steel shipments rising by 8.3 percent over last year and 1 percent over the prior month. However, the headlines are speaking to total steel shipments (all products) and not just flat rolled.
