Long steel inventory in Guangzhou extends gain

Published: Aug 23, 2018 13:58
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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Long-Term Contract Prices Raised in the First Half of March by a Tungsten Company in Guangdong
6 hours ago
Long-Term Contract Prices Raised in the First Half of March by a Tungsten Company in Guangdong
Read More
Long-Term Contract Prices Raised in the First Half of March by a Tungsten Company in Guangdong
Long-Term Contract Prices Raised in the First Half of March by a Tungsten Company in Guangdong
[Tungsten Industry Long-Term Contract Information] SMM, March 10: It is reported that a tungsten company in Guangdong released the long-term contract prices for the first half of March. The unit price of black tungsten concentrate with a grade above 55% was 955,000 yuan/standard tonne (65%WO3 basis), up by 225,000 yuan/standard tonne (65%WO3 basis) from the second half of February. The unit price of scheelite concentrate with a grade above 55% was 954,000 yuan/standard tonne (65%WO3 basis), up by 225,000 yuan/standard tonne (65%WO3 basis) from the second half of February. The unit price of ammonium paratungstate was 1,410,000 yuan/mt, up by 340,000 yuan/mt from the second half of February. Note: The above prices all include 13% VAT.
6 hours ago
Tender for Negotiated Procurement of Projects Such as Ferrotitanium
10 hours ago
Tender for Negotiated Procurement of Projects Such as Ferrotitanium
Read More
Tender for Negotiated Procurement of Projects Such as Ferrotitanium
Tender for Negotiated Procurement of Projects Such as Ferrotitanium
10 hours ago
Ganzhou Tungsten Association Significantly Raises Its March 2026 Tungsten Market Forecast Price
Mar 5, 2026 17:55
Ganzhou Tungsten Association Significantly Raises Its March 2026 Tungsten Market Forecast Price
Read More
Ganzhou Tungsten Association Significantly Raises Its March 2026 Tungsten Market Forecast Price
Ganzhou Tungsten Association Significantly Raises Its March 2026 Tungsten Market Forecast Price
[Tungsten Industry News Flash] SMM, March 5: Ganzhou Tungsten Association’s forecast tungsten market prices for March 2026: 55% black tungsten ore concentrate at 900,000 yuan/standard tonne (65%WO3 basis), up 230,000 yuan/standard tonne MoM from February; ammonium paratungstate at 1.33 million yuan/mt, up 360,000 yuan/mt MoM; medium-grain tungsten powder at 2,200 yuan/kg, up 570 yuan/kg MoM.
Mar 5, 2026 17:55