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Home / Metal News / Long steel inventories in Guangzhou continue decline

Long steel inventories in Guangzhou continue decline

Jun 14, 2018 11:59

Source:SMM

Social inventories of long steel in Guangzhou, Guangdong province shrank 8.6% from a week ago

SHANGHAI, Jun 14 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province shrank 8.6% from a week ago and stood at 1.05 million mt as of Thursday June 14, SMM data showed.

This marked the 13th consecutive week of decline.

Rebar inventories fell 7.0% to 775,400 mt and stocks of wire rods dropped 12.8% to 277,000 mt.

Inventory data

rebar

wire rods

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SMM has done a thorough research regarding post-CNY (Chinese New Year) copper cathode supply and demand pattern as well as the potential changes of inventory, which, we assume, must be the key concern of the market participants. The result of the research comes as follows:

Jan 28, 2022 19:10

SMM Insight

SMM Exclusive: Analysis and Outlook of China Metals Market Post the CNY

China Rebar Inventory Shrank 261,800 mt on Week

The inventory of rebar across Chinese steel makers and social warehouses stood at 7.64 million mt as of November 11, down 261,800 mt or 3.3% from a week earlier. Stocks are 90,900 mt or 1.2% higher from a year earlier.

Nov 12, 2021 14:13

Analysis

China Rebar Inventory Shrank 261,800 mt on Week

China Rebar Inventory Shrank 36,400 mt on Week

The inventory of rebar across Chinese steel makers and social warehouses stood at 7.9 million mt as of November 4, down 36,400 mt or 0.5% from a week earlier. Stocks are down 569,700 mt or 6.7% from a year earlier.

Nov 5, 2021 11:00

Analysis

China Rebar Inventory Shrank 36,400 mt on Week

China copper inventory grew for four straight weeks

Copper inventories in three major consumption areas in China extended their increases last week, albeit at a slower pace.

Jul 27, 2020 11:23

Analysis

China copper inventory grew for four straight weeks

Zinc social inventories fell below 200,000 mt

Zinc inventories in China continued to fall this week, primarily propelled by a sharp decline in Shanghai where inflows were affected by heavy rain and floods while outflows were supported by dip-purchases by downstream consumers.

Jul 24, 2020 16:04

Analysis

Zinc social inventories fell below 200,000 mt

Shanghai bonded nickel stocks unchanged amid import losses

Inventories of refined nickel in the Shanghai bonded areas were unchanged from a week ago at 17,300 mt as of Friday July 24, showed SMM data.

Jul 24, 2020 15:11

Analysis

Shanghai bonded nickel stocks unchanged amid import losses

Aluminium billet inventories rose after two weeks of decline

Inventories of aluminium billet in China edged higher this week, following after two straight weeks of decline, as arrivals increased while shipments from warehouses shrank.

Jul 23, 2020 15:17

Analysis

Aluminium billet inventories rose after two weeks of decline

Aluminium billet inventories fell for the second straight week

Inventories of aluminium billet in China have declined for the second consecutive week as of July 16 as arrivals were limited and deliveries remained at high levels.

Jul 16, 2020 15:32

Analysis

Aluminium billet inventories fell for the second straight week

China iron ore port inventories rose as demand weakened on production curbs

SMM data showed that iron ore stocks across 35 Chinese ports increased 340,000 mt from June 24 to 100.66 million mt as of July 3, following a 980,000 mt rise in the previous week.

Jul 6, 2020 11:08

Analysis

China iron ore port inventories rose as demand weakened on production curbs

Shanghai bonded nickel stocks inched up 100 mt from last Wednesday

Inventories of refined nickel in the Shanghai bonded areas rose slightly this week as import profits struggled to improve.

Jul 3, 2020 15:51

Analysis

Shanghai bonded nickel stocks inched up 100 mt from last Wednesday

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Long steel inventories in Guangzhou continue decline

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