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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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Long steel inventories in Guangzhou continue decline

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