Long steel inventories in Guangzhou jump after last week's decline

Published: Sep 27, 2018 11:18 (GMT+8)

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Social inventories of long steel in Guangzhou increased 13.45%, or 91,700 mt, from a week ago to 773,300 mt as of Sep 27

SHANGHAI, Sep 27 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province increased 13.45%, or 91,700 mt, from a week ago to stand at 773,300 mt as of Thursday September 27, SMM data showed. This came after a decline of 6.45% in the stocks last Thursday.

Stocks of rebar built up 37,900 mt, or 9.6%, over the week to 431,900 mt while stocks of wire rods rose 53,800 mt, or 18.7%, to 341,400 mt.

Inventory data Long steel

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