SMU Data and Models
November 19, 2014
SMU Service Center Apparent Inventory Excess/Deficit Revue and Forecast
Written by John Packard
The Metal Service Center Institute (MSCI) reported flat rolled steel inventories earlier this week. Steel Market Update then reviews the data and incorporates the information into a proprietary model which assists us in determining whether inventories are short (deficit) or long (excess) based on what our model is telling us.
When September ended we were showing service center flat rolled inventories with an Apparent Excess of +256,000 tons.
