SHANGHAI, Apr 12 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province fell 6.6% on the week and stood at 1.94 million mt as of Wednesday April 11, SMM data showed. Inventories shrank 138,300 mt from a week ago.
Rebar inventory declined 99,000 mt to 1.28 million mt and stocks of wire rod dropped 39,300 mt to 665,400 mt.
For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
