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Home / Metal News / Long steel inventory in Guangzhou grows faster on the week

Long steel inventory in Guangzhou grows faster on the week

Aug 16, 2018 11:38

Source:SMM

Social inventories of long steel in Guangzhou rose 24,100 mt from a week ago to stand at 672,500 mt as of Aug 16, SMM data showed

SHANGHAI, Aug 16 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province rose 24,100 mt from a week ago to stand at 672,500 mt as of Thursday August 16, SMM data showed.

The inventory grew faster than a rebound of 5,500 mt registered last Thursday.

While rebar inventories shrank 1,200 mt on the week to 403,200 mt, stocks of wire rods jumped 25,300 mt to 269,300 mt.

Inventory data

Long steel

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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

Long steel social inventories in Guangzhou fell 0.77% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 0.77%, or 10,500 mt, in the week ended October 21 to 1.35 million mt, showed SMM data. Stocks were 80.4% higher than the same period last year.

Oct 22, 2020 09:33

Analysis

Long steel social inventories in Guangzhou fell 0.77% on week

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

Shanghai bonded refined nickel stocks remained unchanged on week

Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 20,800 mt as of September 4, showed SMM data.

Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

China steel rebar inventory shrank on week in a high season

Inventories of steel rebar across Chinese steelmakers and social warehouses declined in the week ended September 3 as in-plant stocks fell rapidly in a traditional high season.

Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

Social inventories of lead ingots dropped larger than expectations

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped more than 4,700 mt from the prior week to 31,600 mt in the week ended September 4.

Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

Social inventories of lead ingots dipped 700 mt on week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dipped 700 mt from the prior week to 36,400 mt in the week ended August 28.

Aug 28, 2020 13:51

Analysis

Social inventories of lead ingots dipped 700 mt on week

Long steel social inventories in Guangzhou fell 0.56% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 0.56%, or 7,400 mt, in the week ended August 12 to 1.31 million mt, showed SMM data. The stocks were 50.75% higher than the same period last year.

Aug 12, 2020 18:13

Analysis

Long steel social inventories in Guangzhou fell 0.56% on week

Long steel social inventories in Guangzhou extended declines

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 3.84%, or 52,600 mt on week but surged 40.98% on year to 1.32 million mt as of August 5, showed SMM data.

Aug 5, 2020 16:18

Analysis

Long steel social inventories in Guangzhou extended declines

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Long steel inventory in Guangzhou grows faster on the week

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