Home / Metal News / Long steel social inventories in Guangzhou fell 114,700 mt on week

Long steel social inventories in Guangzhou fell 114,700 mt on week

iconApr 7, 2021 17:08
Source:SMM
Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 114,700 mt, in the week ended April 7 to 1.91 million mt, showed SMM data. Stocks were 336,100 mt lower than the same period last year.

SHANGHAI, Apr 7 (SMM) – Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 114,700 mt, in the week ended April 7 to 1.91 million mt, showed SMM data. Stocks were 336,100 mt lower than the same period last year.

Rebar accounted for 1.2 million mt of the social inventories, down 75,200 mt from a week ago and down 231,200 mt from a year ago. Meanwhile, wire rods inventories totalled 709,500 mt, down 39,500 mt week on week and down 104,900 mt year on year.

Inventory data
Rebar
Wire rods
Long steel

For queries, please contact William Gu at williamgu@smm.cn

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

Related news