In early April, the 21 cities of 5 major varieties of steel social inventory of 13.08 million tons, a decrease of 660,000 tons, down 4.8%, the rate of inventory decline to expand; than the beginning of this year, an increase of 5.79 million tons, up 79.4%; than the same period last year, an increase of 0.9 million tons, up 7.4%.
North China is the region with the largest reduction and decline in steel social stocks
In the first half of April, divided into regions, 7 regional inventories in addition to the Northeast region are flat, while other regions have different degrees of decline.
The specific situation is as follows:
North China's inventory decreased by 160,000 tons, down 10.3%, for the largest reduction and decline in the region;
Central China decreased by 140,000 tons, down 8.5%;
Northwest China decreased by 130,000 tons, down 9.6%;
South China decreased by 110,000 tons, down 3.5%;
Southwest China decreased by 70,000 tons, down 4.1%;
East China decreased by 50,000 tons, down 1.5%;
Inventories in Northeast China were flat year-on-year.
Rebar and wire rod were the largest varieties in terms of reduction and decrease, respectively
In early April, five major varieties of steel social inventories fell all around, of which rebar and wire rod were the largest varieties of reductions and decreases, respectively.
Hot rolled steel coil inventory was 2.46 million tons, a decrease of 60,000 tons, down 2.4%, inventory rose for nine consecutive decades turned down; than the beginning of this year, an increase of 1.02 million tons, up 70.8%; than the same period last year, an increase of 630,000 tons, up 34.4%.
Cold rolled steel coil stocks of 1.42 million tons, a decrease of 20,000 tons, down 1.4%, inventory fluctuations; than the beginning of this year, an increase of 390,000 tons, up 37.9%; than the same period last year, an increase of 110,000 tons, up 8.4%.
Medium and thick plate inventory was 1.43 million tons, a decrease of 20,000 tons, down 1.4%, inventory is still at a higher level; than the beginning of this year, an increase of 490,000 tons, up 52.1%; than the same period last year, an increase of 420,000 tons, up 41.6%.
Wire rod inventory was 1.46 million tons, down 210,000 tons, down 12.6%, inventory accelerated decline; than at the beginning of this year, an increase of 630,000 tons, up 75.9%; than the same period last year, a decrease of 230,000 tons, down 13.6%.
Rebar stocks were 6.31 million tons, down 350,000 tons or 5.3% from a year earlier, with a continuous decline in inventories; an increase of 3.26 million tons or 106.9% from the beginning of this year; and a decrease of 30,000 tons or 0.5% from the same period of the previous year.
Post time: Apr-19-2024