ISM Steel Buyers Survey, July 2015

The Institute for Supply Management’s Steel Buyers’ Forum conducts a monthly survey regarding current steel supplies/products and future projections. Please note that the July 2015 survey appears sparse with only 11 respondents.

When asked at current shipping levels, tons on hand would cover how many months, 27.3 percent said 0-1 month compared to 30.8 percent in June, 45.5 percent said 1-2 months vs. 53.8, and 27.3 percent said 2-3 months vs. 15.4 percent. Most respondents, 72.7 percent, were satisfied with current inventory levels compared to demand and the rest thought inventory was too high. Fifty-four percent said they will maintain current inventory levels during the next six months and 45.5 percent said they plan decreases.