SMU Data and Models
January 20, 2018
MSCI Data Shows Strong Service Center Shipments in December
Written by Peter Wright
Service center shipments in December were stronger than the seasonal norm, according to Steel Market Update’s latest analysis of Metals Service Center Institute data.
Daily shipments in December were 11.8 percent lower than in November. On average since 2009, December shipments have decreased by 13.1 percent; therefore, these latest numbers were seasonally better than the historical average for this time of year. Carbon steel shipments averaged 128,300 tons per day in December and days on hand as of the 31st were 57.3, which was up from 49.7 at the end of November.
