03
May
21:44
OEM deleveraging nearly over, US service centres say
Large OEM customers are nearing the end of an inventory deleveraging phase, flattening out demand for the foreseeable future, Kallanish learns from service centre executive comments.
“We’re seeing a lot of deleveraging at our customers,” says Olympic Steel president Dave Wolfort. “The discomfort and tightness in the market early on in 2018 influenced a lot of our larger OEMs to carry heavier inventory than they would have liked. We’…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous