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Home / Metal News / Long steel inventory in Guangzhou extends gain

Long steel inventory in Guangzhou extends gain

Aug 23, 2018 13:58

Source:SMM

Social inventories rose 0.19%, or 1,300 mt, from a week ago to stand at 673,800 mt as of Aug 23

SHANGHAI, Aug 23 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province rose 0.19%, or 1,300 mt, from a week ago to stand at 673,800 mt as of Thursday August 23, SMM data showed.

While rebar inventories shrank 10,000 mt or 2.5% on the week to 393,200 mt, stocks of wire rods jumped 11,300 mt or 4.2% to 280,600 mt.

Steel

Long steel

Inventory data

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SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

Long steel social inventories in Guangzhou fell 140,800 mt on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 140,800 mt or 10.24% in the week ended April 26 to 752,400 mt, showed SMM data. Stocks were 24.75% lower than the same period last year.

May 27, 2021 09:55

Analysis

Long steel social inventories in Guangzhou fell 140,800 mt on week

Steel News Roundup

The Industry Department of the National Development and Reform Commission (NDRC) held a meeting on carbon peaking in the industries of steel, non-ferrous metals and building materials on March 19.

Mar 29, 2021 13:25

Industry

Long steel social inventories in Guangzhou fell 6.28% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 6.28%, or 141,200 mt, in the week ended March 24 to 2.11 million mt, showed SMM data. Stocks were 13.87% lower than the same period last year.

Mar 24, 2021 15:17

Analysis

Long steel social inventories in Guangzhou fell 6.28% on week

Long steel social inventories in Guangzhou fell 10.5% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 10.5%, or 111,900 mt, in the week ended December 2 to 956,900 mt, showed SMM data. Stocks were 49.1% higher than the same period last year.

Dec 3, 2020 09:15

Analysis

Long steel social inventories in Guangzhou fell 10.5% on week

Long steel social inventories in Guangzhou fell moderately due to improved demand on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 4.4%, or 54,700 mt, in the week ended November 11 to 1.19 million mt, showed SMM data. Stocks were 93.2% higher than the same period last year.

Nov 11, 2020 14:51

Analysis

Long steel social inventories in Guangzhou fell moderately due to improved demand on week

Long steel social inventories in Guangzhou fell 1.42% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 1.42%, or 21,700 mt, in the week ended June 17.

Jun 17, 2020 15:51

Analysis

Long steel social inventories in Guangzhou fell 1.42% on week

Long steel social inventories in Guangzhou shrank 6.8% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou posted slower declines this week, decreasing 6.83%, or 120,200 mt, from a week ago to 1.64 million mt as of Wednesday May 20, smaller than a drop of 9.53% in the previous week, showed SMM data.

May 20, 2020 15:39

Analysis

Long steel social inventories in Guangzhou shrank 6.8% on week

Scheduled rebar production roughly flat in April as maintenance offsets output increase

Planned output of construction steel rebar across China’s major blast furnace steelmakers in April stood roughly flat from the actual production in March, as the impact of maintenance may offset the increase in output driven by higher profits.

Apr 13, 2020 14:41

Analysis

Scheduled rebar production roughly flat in April as maintenance offsets output increase

Long steel social inventories in Guangzhou 22% higher than a year ago

As of Wednesday February 19, social inventories of long steel (including wire rods and rebar) in Guangzhou stood at 2.35 million mt, up 14.16% from a week earlier

Feb 19, 2020 17:52

Analysis

Long steel social inventories in Guangzhou 22% higher than a year ago

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Long steel inventory in Guangzhou extends gain

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