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Flash: Guangzhou's long steel social inventory down 2.1%

iconMar 22, 2018 12:13
Source:SMM
Social inventories of long steel in Guangzhou, Guangdong province stood at 2.18 million mt the week of March 19, down 46,500 mt from a week ago, SMM data showed. 

SHANGHAI, Mar 22 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province stood at 2.18 million mt the week of March 19, down 46,500 mt from a week ago, SMM data showed. 

Rebar inventory fell 21,400 mt to 1.46 million mt and stocks of wire rod dropped 25,100 mt to 723,900 mt.

 


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