Guangdong Sees 4.4 Per cent Drop in Construction Steel Inventories, with Rebar Growing SMM Reports

Aug 24, 2017 12:12

Source:SMM

Inventories of construction steel inventories dropped for 5 weeks in a row in major warehouses in Guangdong, according to SMM data.

SHANGHAI, Aug. 24 (SMM) – Inventories of construction steel inventories dropped for 5 weeks in a row in major warehouses in Guangdong, according to SMM data.

Total inventories were 510,700 tonnes, down 23,300 tonnes or 4.4 per cent on a weekly basis.

Two Mills in Hebei Closes or Suspends Production

Rebar inventories were 387,900 tonnes, up 9,500 tonnes or 2.5 per cent on a weekly basis, and this was the first growth after falling for one month. Wire rod inventories fell 32,800 tonnes or 21.1 per cent to 122,800 tonnes.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

steel prices

china steel price

rebar price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Guangdong Sees 4.4 Per cent Drop in Construction Steel Inventories, with Rebar Growing SMM Reports

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025