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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

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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

China steel rebar inventories continued to accelerate increases this week.

Jan 22, 2021 11:00

Analysis

China steel rebar inventory continued to post faster increase on week

Long steel social inventories in Guangzhou fell 2.15% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 2.15%, or 28,900 mt, in the week ended October 28 to 1.32 million mt, showed SMM data. Stocks were 90.6% higher than the same period last year.

Oct 29, 2020 08:49

Analysis

Long steel social inventories in Guangzhou fell 2.15% on week

Long steel social inventories in Guangzhou fell 0.77% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 0.77%, or 10,500 mt, in the week ended October 21 to 1.35 million mt, showed SMM data. Stocks were 80.4% higher than the same period last year.

Oct 22, 2020 09:33

Analysis

Long steel social inventories in Guangzhou fell 0.77% on week

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

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 20,800 mt as of September 4, showed SMM data.

Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

China steel rebar inventory shrank on week in a high season

Inventories of steel rebar across Chinese steelmakers and social warehouses declined in the week ended September 3 as in-plant stocks fell rapidly in a traditional high season.

Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

Social inventories of lead ingots dropped larger than expectations

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped more than 4,700 mt from the prior week to 31,600 mt in the week ended September 4.

Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

Social inventories of lead ingots dipped 700 mt on week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dipped 700 mt from the prior week to 36,400 mt in the week ended August 28.

Aug 28, 2020 13:51

Analysis

Social inventories of lead ingots dipped 700 mt on week

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Long steel social inventories in Guangzhou fell for 4 weeks

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