Comments on: Steel demand forecast for the US 2009-2013 http://www.nerdsofsteel.com/2009/04/07/steel-demand-forcast-for-the-us-2009-2013/ Industrial revolutionaries at work Fri, 18 Feb 2011 12:51:48 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: jeff mindlin http://www.nerdsofsteel.com/2009/04/07/steel-demand-forcast-for-the-us-2009-2013/comment-page-1/#comment-233 jeff mindlin Thu, 28 May 2009 14:58:42 +0000 http://www.nerdsofsteel.com/?p=987#comment-233 find your targets for less steel made/used to be light.our own group sees a number closer to 25-30%.no real recovery in sight.i,ve seen this movie before. jeff mindlin the mindlin fund 412-427-1055 find your targets for less steel made/used to be light.our own group sees a number closer to 25-30%.no real recovery in sight.i,ve seen this movie before. jeff mindlin
the mindlin fund
412-427-1055

]]> By: Tony Taccone http://www.nerdsofsteel.com/2009/04/07/steel-demand-forcast-for-the-us-2009-2013/comment-page-1/#comment-177 Tony Taccone Wed, 08 Apr 2009 16:12:58 +0000 http://www.nerdsofsteel.com/?p=987#comment-177 Thanks Insider. I think some analysts expect service centers to continue shipping at current (very depressed) levels. If so, inventory levels are certainly too high. But this seems unlikely to me. I assume service center shipments will average 15-20% less during 2009-2013 than they did during 2004-2008 - in line with my total steel demand forecast. In this case, inventory levels need to come up by 50% to get back to the historic average level of turns. Hence my comment on de-stocking. Hope this helps. Tony Thanks Insider. I think some analysts expect service centers to continue shipping at current (very depressed) levels. If so, inventory levels are certainly too high. But this seems unlikely to me. I assume service center shipments will average 15-20% less during 2009-2013 than they did during 2004-2008 – in line with my total steel demand forecast. In this case, inventory levels need to come up by 50% to get back to the historic average level of turns. Hence my comment on de-stocking.

Hope this helps.

Tony

]]> By: Steel Insider http://www.nerdsofsteel.com/2009/04/07/steel-demand-forcast-for-the-us-2009-2013/comment-page-1/#comment-176 Steel Insider Wed, 08 Apr 2009 15:02:51 +0000 http://www.nerdsofsteel.com/?p=987#comment-176 Excellent presentation, though I wish there were some rough notes to go with it. From the slide showing service center destocking can't go on forever...some analyis shows inventory levels remain 20%+ too high. Your group does a great job! Excellent presentation, though I wish there were some rough notes to go with it. From the slide showing service center destocking can’t go on forever…some analyis shows inventory levels remain 20%+ too high.

Your group does a great job!

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