Steel Outlook – June Distributor Inventories Will Tell a Story

July 16, 2012 Posted by Steel Market Intelligence

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June steel distributor inventory/shipment data will be released at 8am on Tuesday morning, and we expect to see a decline in overall inventories and relatively strong MSCI shipments as two opposing forces come to bear – worries about falling steel prices will likely keep inventories lean, and reasonably healthy end-user demand should keep shipments up.

Our full report is available to subscribers and provides further thoughts regarding our outlook for June distributor shipments and inventory data as well as implications for steel prices and equities.

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