SMU Data and Models
September 16, 2018
Service Centers Reducing Flat Rolled Inventories
Written by John Packard
The following analysis is from the SMU Service Center Inventories Index. This index is a proprietary product produced through data collection and interaction with a large number of flat rolled and plate service centers across the United States. This index is normally shared only with data providers and our Premium level members. If you would like to know more about how to become a confidential data provider or a Premium member, please contact us at info@SteelMarketUpdate.com
Forty-one percent of the responding service centers reported their inventories as being lower at the end of August than the previous month. Our diffusion index is 39.7. Any reading under 50.0 indicates service centers are reducing inventories.
