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Steel inventories hit seven-year low.

Publication: Metal Center News
Publication Date: 01-JAN-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Steel inventories hit seven-year low.(MSCI)

Article Excerpt
Steel inventories at U.S. service centers hit a 7 1/2-year low, coming in at just under 12.5 million tons during November, according to the most recent Metals Activity Report from the Metals Service Center Institute.

Inventories dropped for the 10th straight month, falling 21.5 percent from a high of 15.9 million tons in January. Steel inventories are 19.2 percent behind November 2004 and...

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