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Home / Metal News / Long steel social inventories in Guangzhou rose 5.4%

Long steel social inventories in Guangzhou rose 5.4%

Oct 8, 2019 16:22

Source:SMM

Stocks increased by 5.39% to 892,200 mt.

SHANGHAI, Oct 8 (SMM) – Social inventories of long steel (including wire rods and rebar) in Guangzhou of Guangdong province increased to 892,200 mt as of Tuesday October 8, 5.39% higher from September 25, SMM data showed.

Stocks were 11.83% higher than the same period last year.

During the same period, rebar inventories across the region rose 2.7% to 430,000 mt, 1.42% higher than a year ago.

Stocks of wire rods grew 8.02% to 462,200 mt, with a year on year increase of 23.6%.

Inventory data

Rebar

Wire rods

Steel

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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.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

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

Analysis

China steel rebar inventory down 4.5% on week

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The Industry Department of the National Development and Reform Commission (NDRC) held a meeting on carbon peaking in the industries of steel, non-ferrous metals and building materials on March 19.

Mar 29, 2021 13:25

Industry

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

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

Long steel social inventories in Guangzhou fell moderately due to improved demand on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 4.4%, or 54,700 mt, in the week ended November 11 to 1.19 million mt, showed SMM data. Stocks were 93.2% higher than the same period last year.

Nov 11, 2020 14:51

Analysis

Long steel social inventories in Guangzhou fell moderately due to improved demand on week

Long steel social inventories in Guangzhou shrank 6.8% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou posted slower declines this week, decreasing 6.83%, or 120,200 mt, from a week ago to 1.64 million mt as of Wednesday May 20, smaller than a drop of 9.53% in the previous week, showed SMM data.

May 20, 2020 15:39

Analysis

Long steel social inventories in Guangzhou shrank 6.8% on week

Long steel social inventories in Guangzhou 22% higher than a year ago

As of Wednesday February 19, social inventories of long steel (including wire rods and rebar) in Guangzhou stood at 2.35 million mt, up 14.16% from a week earlier

Feb 19, 2020 17:52

Analysis

Long steel social inventories in Guangzhou 22% higher than a year ago

Hot-rolled steel output to rise 4.75% in December as mills recover from maintenance

Chinese steelmakers plan to produce 9.29 million mt of hot-rolled steel in Dec, up 4.75% from the realised output in Nov

Dec 11, 2019 11:25

Analysis

Hot-rolled steel output to rise 4.75% in December as mills recover from maintenance

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Long steel social inventories in Guangzhou rose 5.4%

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