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MSCI meaning in Business ? |
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Answer» What is Metals Service Center Institute mean? The Metals Service Center Institute (MSCI) is a trade association and nonprofit organization based in Rolling Meadows, Illinois, in the United States. It was established as the American Horseshoe and Heavy Hardware Association in 1909 and was subsequently known as the American Steel Warehouse Association, then the Steel Service Center Institute. The organization's members are primarily metal service centers that inventory and distribute metals for industrial customers and perform first-stage processing. MSCI has approximately 400 members operating from 1,500 locations primarily in North America. MSCI members purchase about 75 million tons of steel, aluminum and other metals from metals producers, with 300,000 customers, primarily businesses in manufacturing and fabrication. The organization formerly produced the trade publication Forward Magazine and issues a monthly "Metals Activity Report". reference
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