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

iconAug 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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All