Home / Metal News / Precious Metals / Long steel social inventories in Guangzhou fell for 2 weeks
Long steel social inventories in Guangzhou fell for 2 weeks
Oct 30,2019 14:28CST
data analysis
Source:SMM
As of Oct 30, social inventories of long steel, including wire rods and rebar, were 7.39% lower from a week ago

SHANGHAI, Oct 30 (SMM) – Social inventories of long steel (including wire rods and rebar) in Guangzhou of Guangdong province deceased for the second straight week, to stand 691,700 mt as of Wednesday October 30, 7.39% lower from a week ago, SMM data showed.

Stocks remained 22.71% higher than the same period last year.

Compared to a week earlier, rebar inventories in Guangzhou shrank 9.26% to 364,400 mt, 7.52% higher than a year ago.

Stocks of wire rods fell 5.21% to 327,300 mt, with a year on year increase of 45.6%.

Inventory data
Rebar
Wire rods

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

MOST POPULAR
data analysis
data analysis
data analysis
data analysis
data analysis