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Long steel inventory in Guangzhou extends gain

iconAug 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
Rebar
Wire rods

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