Steel Mills
September 19, 2017
MSCI: Carbon Flat Rolled Down to 2.0 Months of Supply
Written by John Packard
The Metals Service Center Institute (MSCI) reported carbon flat rolled steel inventories as growing in August compared to the end-of-July 2017 data, but still below August 2016 levels. MSCI data shows the number of months of flat rolled supply at very low levels.
This week, MSCI reported total steel shipments (all products) during August out of U.S. service centers at just under 3.5 million tons. This represents a 2.7 percent improvement over August 2016 shipment levels. The daily shipment rate was 1,200 tons per day higher than what was reported for the month of July.
