Service Centers

Service Centers Increasing Flat Rolled Steel Inventories
Written by John Packard
December 8, 2013
Based on the results from our recent steel market analysis of the flat rolled steel service centers we found inventory levels increased to 2.30 months. As you can see by the graphic below, the Steel Market Update service center inventory levels tend to make very modest changes. It will be interesting to see if the MSCI official inventory data, which is due out this week, will also show an increase in carbon flat rolled inventory levels.
Our data is as of the first week of December and we will do another analysis in the middle of the month. The MSCI data shown below is as of the end of October.

John Packard
Read more from John PackardLatest in Service Centers

Ryerson swung to loss in ’24, but saw fortunes improve over the last month
Ryerson swung to a loss in the fourth quarter, but has seen a turnaround in the last 30 days.

Despite policy uncertainty, Reliance upbeat on ’25
Reliance noted that it is about 95% domestically sourced.

Russel Metals posts solid quarter, doesn’t expect direct impact from tariffs
Russel Metals said on Thursday that it doesn’t expect to be directly impacted by US tariffs on Canadian steel. The Mississauga, Ontario-based distributor made the comments in its quarterly earnings report on Thursday. The company doesn’t export significant volumes to the US, it said, and thus doesn’t expect to be directly impacted. However, “The primary […]

Friedman logs quarterly loss amid ‘challenging conditions’
Friedman swings to a loss in its fiscal third quarter of 2025.

Tampa Steel Conference: Service centers more upbeat about 2025
If 2021 and 2022 was the party, 2024 is the morning after, one panelist said.