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Home / Metal News / Construction Steel Stocks in Guangzhou Record Another Surge, SMM Says

Construction Steel Stocks in Guangzhou Record Another Surge, SMM Says

iconSep 21, 2017 11:06
Source:SMM
Construction steel stocks in Guangzhou’s main warehouses saw further dramatic growth this week, SMM statistics showed.

SHANGHAI, Sept. 21 (SMM) – Construction steel stocks in Guangzhou’s main warehouses saw further dramatic growth this week, SMM statistics showed.

As of Sept. 21, construction steel stocks jumped 12.99% week-on-week to 743,000 tonnes. Among them, rebar stocks rose 10.5% to 504,900 tonnes, while steel wire coil stocks soared 18.7% to 37,500 tonnes.

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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.

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