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Home / Metal News / Long steel social inventories in Guangzhou fell for 4 weeks

Long steel social inventories in Guangzhou fell for 4 weeks

Nov 20, 2019 15:39

Source:SMM

Stocks decreased 12.96% from a week ago to 535,500 mt as of Nov 20

SHANGHAI, Nov 20 (SMM) – Social inventories of long steel (including wire rods and rebar) in Guangzhou of Guangdong province fell for a fourth straight week, decreasing 12.96% from a week ago to 535,500 mt as of Wednesday November 20, SMM data showed.

Stocks were 0.68% higher than a year earlier.

This week, rebar inventories in Guangzhou shrank 6.65% to 301,700 mt, 8.41% higher than a year ago.

Stocks of wire rods fell 19.93% to 233,800 mt, with a year-on-year decrease of 7.8%.

Inventory data

Long steel

Rebar

Wire rods

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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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

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

China steel rebar inventory continued to post faster increase on week

Inventories of rebar across Chinese steelmakers and social warehouses stood at 9.99 million mt as of February 4, up 19.6% from a week ago. From the time dimension of the lunar calendar, stocks are up 40.6% from a year earlier.

Feb 5, 2021 10:05

Analysis

China steel rebar inventory continued to post faster increase on week

Nickel ore inventories at Chinese ports rose 101,000 wmt to 9.41 million wmt

Nickel ore inventories across all Chinese ports increased 101,000 wmt from December 4 to 9.41 million wmt as of December 11, showed SMM data.

Dec 11, 2020 17:38

Analysis

Nickel ore inventories at Chinese ports rose 101,000 wmt to 9.41 million wmt

Shanghai bonded refined nickel stocks fell 1,000 mt on week

Inventories of refined nickel in the Shanghai bonded areas decreased 1,000 mt from a week ago and stood at 22,800 mt as of December 11, showed SMM data.

Dec 11, 2020 17:16

Analysis

Shanghai bonded refined nickel stocks fell 1,000 mt on week

China HRC inventories continued their rapid falls this week

Inventories of hot-rolled coils of steel sheets used to produce home appliances and cars in China continued to fall rapidly this week, but the decline narrowed slightly compared with last week.

Dec 11, 2020 11:24

Analysis

China HRC inventories continued their rapid falls this week

Social inventories of lead ingots increased nearly 1,800 mt this week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded nearly 1,800 mt from the prior week to 41,000 mt as of Friday December 4.

Dec 4, 2020 16:55

Analysis

Social inventories of lead ingots increased nearly 1,800 mt this week

Shanghai bonded refined nickel stocks remained unchanged on week

Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 23,800 mt as of December 4, showed SMM data.

Dec 4, 2020 16:30

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

Primary aluminium inventories built up 4,000 mt on week

Primary aluminium ingot inventories in China started to rise this week, showed SMM data.

Dec 3, 2020 17:17

Analysis

Primary aluminium inventories built up 4,000 mt on week

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Long steel social inventories in Guangzhou fell for 4 weeks

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SMM LME Metals Seminar 2025

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