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Home / Metal News / Long steel inventory in Guangzhou rebounds after six weeks of drop

Long steel inventory in Guangzhou rebounds after six weeks of drop

Aug 9, 2018 11:43

Source:SMM

Social inventories of long steel in Guangzhou increased 5,500 mt from a week ago

SHANGHAI, Aug 9 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province increased 5,500 mt from a week ago to stand at 648,400 mt as of Thursday August 9, SMM data showed.

This marked a rebound after six consecutive weeks of decline. While rebar inventories fell 29,900 mt on the week to 404,400 mt, stocks of wire rods jumped 35,400 mt to 244,000 mt.

Inventory data

Long steel

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Social inventories of long steel (including wire rods and rebar) in Guangzhou increased 5.57%, or 123,500 mt, in the week ended March 3 to 2.34 million mt, showed SMM data. Stocks were 0.22% lower than the same period last year.

Mar 4, 2021 09:52

Analysis

Long steel social inventories in Guangzhou rose 5.57% on week

Long steel social inventories in Guangzhou fell 2.15% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 2.15%, or 28,900 mt, in the week ended October 28 to 1.32 million mt, showed SMM data. Stocks were 90.6% higher than the same period last year.

Oct 29, 2020 08:49

Analysis

Long steel social inventories in Guangzhou fell 2.15% 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

China copper inventory surged 37,300 mt, the 1st weekly increase since late March

Copper inventories in three major consumption areas in China rose sharply this week, as high prices subdued demand while inflows of imported cargoes increased.

Jul 3, 2020 13:39

Analysis

China copper inventory surged 37,300 mt, the 1st weekly increase since late March

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Long steel inventory in Guangzhou rebounds after six weeks of drop

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