SMU Data and Models
February 3, 2017
SMU Apparent Excess/Deficit Model: Service Center Flat Rolled Inventories
Written by John Packard
Service center flat rolled steel inventories grew in December based on our Service Center Inventories Apparent Excess/Deficit model.
November shipments totaled 2,011,000 tons, inventories of flat rolled were 4,446,000 tons (MSCI numbers) and the Apparent Excess as of the end of November 2016 was 1,000 tons. Service centers were, according to the SMU model, in a balanced inventory status.
