Construction Steel Stocks in Guangzhou Record Another Surge, SMM Says

Published: Sep 21, 2017 11:06

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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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