SMU Flash Report: Service Center Inventories Rise to 3.0 Months

Six months ago, Steel Market Update began collecting inventory data from a select group of flat rolled and plate steel service centers. Over time, the number of participating distributors has grown and we have been able to expedite the gathering of information from most (not all) of the service centers involved. Our initial goal is to provide the number of months of supply at the flat rolled service centers as of the end of the prior month. In today’s case, we are referencing the number of months of supply as of the end of December. For the first five months we produced just one report. Starting with the end of December data, we are now producing a “Flash” report based on a smaller sample. The information below was already shared with those service centers who are providing inventories information to Steel Market Update. Our intention is to not share our Flash report with the general readership in the future.

If your company is interested in becoming a confidential source of inventories data (flat rolled or plate) please contact John Packard at John@SteelMarketUpdate.com