Service Centers
July 13, 2017
Service Center Inventories Based on SMU Survey
Written by John Packard
The Metals Service Center Institute (MSCI) will release its service center inventories and shipment data next week. As we prepare to review their data, we thought our readers would be interested in what we collected about flat rolled steel inventories at distributors during our flat rolled steel market trends analysis last week.
Flat rolled steel service center inventories now average 2.32 months’ supply based on a three-month moving average. As a single data point, distributors advised SMU during the survey process that their inventories were down to 2.28 months.
