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    Economy

    Shipments-to-Inventories Ratio Postive for Steel

    Written by Peter Wright


    Steel mill shipments are increasing, and the shipment-to-inventory ratio is decreasing, which is positive for the industry.

    According to American Iron and Steel Institute data, total steel mill shipments increased by 13.1 percent from January 2016 through January 2018 and by 2.4 percent in January 2018 year over year. Is this believable?

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