Steel Mills
May 16, 2016
Service Center Intake, Shipments and Inventory through April 2016
Written by Peter Wright
Based on Steel Market Update (SMU) analysis of the recently released MSCI service center inventory and shipment data, total service center carbon steel shipments decreased by 84,700 tons in April to 3.091 million tons. This decrease was driven by the number of shipping days, down by 2 to 21. On a t/d basis shipments increased from 138,000 tons in March to 147,200 tons in April. In the eight years since and including 2009, April shipments on average on a t/d basis have been down by 0.9 percent from March. This year shipments were up by 6.6 percent.
