Published: Jun 3, 2024 21:50
【China Iron and Steel Association: social steel stockpile of 10.61 million tons in late May, down 4.7% from the previous month】According to the data of China Iron and Steel Association, in late May, the social steel stockpile of five major varieties in 21 cities was 10.61 million tons, a decrease of 0.52 million tons and 4.7% from the previous month, with the stockpile decreasing continuously; a decrease of 1.38 million tons and 11.5% from late April; an increase of 3.32 million tons and 45.5% from the beginning of the year; an increase of 0.3 million tons and 2.9% from the same period last year.

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

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
【China Iron and Steel Association: social steel stockpile of 10.61 mil - Shanghai Metals Market (SMM)