Long steel inventories in Guangzhou continue decline

Published: Jun 14, 2018 11:59

Save

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 4, 2026 18:42

Algeria Develops Iron Ore with New Railway Line Construction

Feb 4, 2026 18:42

Feb 3, 2026 17:47

A mine in Yunnan auctioned 96 mt of molybdenum concentrate on February 3.

[Transaction Information for Molybdenum Concentrates] SMM, February 3: It is reported that a mine in Yunnan auctioned and sold 96 mt of 40% molybdenum concentrates (copper 1–3%) on February 3, with the final transaction price at 4,115 yuan/mtu.

Feb 3, 2026 17:47

Feb 2, 2026 14:38

Open Negotiation Procurement for Stainless Steel Welding Rods (Second Time) Tender

Feb 2, 2026 14:38