Service centers log steel inventory decline in Nov.

Dec 18, 2006 | 09:32 AM | Philip Burgert

Steel inventories held by U.S. service centers dipped for the first time in a year during November, falling 1 percent to 16.6 million tons from the previous month's level, according to Metals Service Center Institute data.

Aluminum inventories held by service centers also fell during the month, dropping 1.1 percent to 388,200 tons vs. October. The decline ended a rise that started in April, the Rolling Meadows, Ill.,-based MSCI's monthly Metals Activity Report showed.....

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