SMU Data and Models
October 12, 2017
SMU Steel Distributor Inventories Rise
Written by John Packard
Steel Market Update (SMU) has been working with 40 flat rolled steel service centers as we develop a new index regarding flat rolled steel inventories being held at steel distributors in the United States. Based on the data collected through this afternoon, we are finding a modest increase in the inventories being held by the flat rolled distributors at the end of September compared to the prior month.
In August, the distributors advised SMU that their inventories averaged 2.70 months (this is the final adjusted number for the month and includes all 40 service centers).
