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Steel inventories decline to lowest level in 17 months.

Publication: Metal Center News
Publication Date: 01-SEP-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Steel inventories decline to lowest level in 17 months.(MSCI)

Article Excerpt
Inventories of steel and aluminum products continued to fall at U.S. and Canadian service centers in July, reflecting sluggish summer demand and the uncertain economic environment, according to the latest Metals Activity Report from the Metals Service Center Institute, Rolling Meadows, Ill. Despite the continuing declines, however, inventories expressed in terms of months of supply on hand have not yet reached the lows seen in other inventory...

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