SHANGHAI, Dec 20 (SMM) – Social inventories of long steel, including wire rods and rebar, in Guangzhou of Guangdong province, increased by 1.64%, or 9,700 mt over the week ended Thursday December 20 and stood at 602,300 mt, SMM data showed.
For the same week, rebar stocks in Guangzhou expanded 32,400 mt, or 10.2%, to stand at 350,700 mt, while wire rods stocks declined 22,700 mt, or 8.3%, to 251,600 mt.
