US service center steel stocks hit a five-year high

Steel stocks end of September reached US metals service centers 9,347,000 short tons, growth of 3.7%, an increase of 16.4 percent, the highest in five years the highest level.

September shipments to US service center 3,670,000 short tons, an increase of 8.3%, growth of 0.7%. Calculated according to the number of supply days in late September steel inventory supply of 2.6 months, the end of August to 2.5 months supply. The end of September 2013 was 2.4 months supply.

2014 1-9 month cumulative shipments of US service center is 32.96 million tons, an increase of 4.5%.