SMU Data and Models
March 22, 2017
Service Center Inventories: Apparent Deficit Grows to -377,000 Tons
Written by John Packard
Based on the most recent MSCI data, carbon flat rolled service centers in the United States shipped 2,103,000 tons of sheet products. Our SMU Service Center Apparent Excess/Deficit forecast had called for shipments to be 2,191,000 tons. So, we missed our forecast by 88,000 tons.
Our original forecast called for 4,551,000 tons of flat rolled inventories to be held at the distributors at the end of February. Our forecast was off by 63,000 tons with carbon flat rolled inventories totaling 4,614,000 tons.
