Steel Mills
November 16, 2017
Distributor October Sheet Shipments Up 9.6%
Written by John Packard
The Metals Service Center Institute (MSCI) released service center shipment and inventories data earlier this week. According to the MSCI data, flat rolled inventories now average 2.1 months of supply based on the 104,600 tons per day shipment rate reported for the month of October. October 2017 shipments were 9.6 percent better than one year ago.
Total steel shipments (all products) out of the U.S. distributors were 3,402,500 tons with an average of 154,700 tons per day. Shipments were 10.7 percent better than what was reported for October 2016.
