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Long steel inventory in Guangzhou continues decline
Apr 19,2018 11:22CST
data analysis
Source:SMM
Long steel inventories in Guangzhou, Guangdong province fell 4.6% on the week.

SHANGHAI, Apr 19 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province fell 4.6% on the week and stood at 1.85 million mt as of Wednesday April 18, SMM data showed. Inventories shrank 89,500 mt from a week ago.

Rebar inventory declined 65,400 mt to 1.21 million mt and stocks of wire rod dropped 24,100 mt to 641,300 mt.

 


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