Service Centers
May 23, 2017
Service Centers Report Inventories as Balanced
Written by John Packard
Flat rolled steel distributors are reporting to Steel Market Update (SMU) that their inventories are balanced to slightly over-stocked and there is minimal need to build carbon sheet inventories from here.
At the end of March the MSCI reported flat rolled steel inventories at 1.82 month’s supply. Last week the MSCI reported end of April months on hand (MOH) of 2.1 (not seasonally adjusted) on carbon sheet.
