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

Long steel inventory in Guangzhou extends decline

Sep 6, 2018 10:58

Source:SMM

Social inventories decreased 3.16% to stand at 629,200 mt as of Thursday Sep 6

SHANGHAI, Sep 6 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province decreased 3.16%, or 20,500 mt, from a week ago to stand at 629,200 mt as of Thursday September 6, SMM data showed. This marked the second straight week of decline.

Stocks of rebar fell 22,700 mt, or 5.9%, over the week to 359,600 mt while stocks of wire rods increased 2,200 mt, or 0.8%, to 269,600 mt.

Inventory data

Steel

Long steel

Rebar

Wire rods

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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.

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Zinc social inventories shrank 12,100 mt on week

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May 27, 2021 14:28

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China steel rebar inventory down 4.5% on week

Inventories of rebar across Chinese steelmakers and social warehouses stood at 10.61 million mt as of May 20, down 4.5% from a week ago. Stocks are down 2.2% from a year earlier.

May 21, 2021 10:41

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Long steel social inventories in Guangzhou fell 114,700 mt on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 114,700 mt, in the week ended April 7 to 1.91 million mt, showed SMM data. Stocks were 336,100 mt lower than the same period last year.

Apr 7, 2021 17:08

Analysis

Long steel social inventories in Guangzhou fell 114,700 mt on week

China steel rebar inventory down 4.51% on week

Inventories of rebar across Chinese steelmakers and social warehouses stood at 16.53 million mt as of March 25, down 4.51% from a week ago. From the time dimension of the lunar calendar, stocks are down 23% from a year earlier.

Mar 26, 2021 11:14

Analysis

China steel rebar inventory down 4.51% on week

Long steel social inventories in Guangzhou rose 5.57% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou increased 5.57%, or 123,500 mt, in the week ended March 3 to 2.34 million mt, showed SMM data. Stocks were 0.22% lower than the same period last year.

Mar 4, 2021 09:52

Analysis

Long steel social inventories in Guangzhou rose 5.57% on week

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Inventories of rebar across Chinese steelmakers and social warehouses stood at 9.99 million mt as of February 4, up 19.6% from a week ago. From the time dimension of the lunar calendar, stocks are up 40.6% from a year earlier.

Feb 5, 2021 10:05

Analysis

China steel rebar inventory continued to post faster increase 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

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Long steel inventory in Guangzhou extends decline

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