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Rebar social inventories in Guangzhou up 11% on week

iconDec 27, 2018 10:48
Source:SMM
Stocks of wire rods and rebar in Guangzhou increased by 10.34% over the week ended Thursday Dec 27 and stood at 664,600 mt

SHANGHAI, Dec 27 (SMM) – Social inventories of long steel, including wire rods and rebar, in Guangzhou of Guangdong province, increased by 10.34%, or 62,300 mt over the week ended Thursday December 27 and stood at 664,600 mt, SMM data showed.

For the same week, rebar stocks in Guangzhou expanded 39,500 mt, or 11.3%, to stand at 390,200 mt, and wire rods stocks grew 22,800 mt, or 9.1%, to 274,400 mt.

Inventory data
Rebar
Wire rods
Long steel

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