In November, the social inventory of the five major types of steel in 21 cities in China was 7.73 million tons, a month-on-month decrease of 190,000 tons, or 2.4%. The inventory continued to decline, and the decline narrowed; it increased by 210,000 tons or 2.8% from the beginning of this year. ; An increase of 220,000 tons over the same period last year, an increase of 2.9%.
South China is the region with the largest decrease.
In November, in terms of regions, social inventories in the seven major regions all declined. The specific situation is as follows: the inventory in South China decreased by 50,000 tons month-on-month, down 2.4%, which was the region with the largest decrease; the inventory in Southwest China decreased by 40,000 tons, down 3.4%. %; East China decreased by 30,000 tons, down 1.4%; Northeast China decreased by 20,000 tons, down 5.4%, the largest decrease; Northwest China decreased by 20,000 tons, down 4.1%; North China decreased by 20,000 tons, down 2.6% ; Central China decreased by 10,000 tons, down 1.1%.
Cold rolled steel coil inventories increased slightly month-on-month.
In November, social inventories of the five major types of steel products all declined month-on-month, except for cold rolled coils, which increased slightly month-on-month. Among them, rebar is the largest reduce, and mild steel plate is the largest decrease.
In November, the inventory of hot rolled steel coils was 1.78 million tons, a month-on-month decrease of 50,000 tons, or 2.7%. The inventory continued to decline, and the decline narrowed; an increase of 210,000 tons, or 13.4%, from the beginning of this year; an increase of 200,000 tons from the same period last year. , up 12.7%. The inventory of cold rolled coils was 1.07 million tons, an increase of 10,000 tons or 0.9% month-on-month. The inventory turned from a decrease to an increase; it was a decrease of 60,000 tons or 5.3% from the beginning of this year; it was a decrease of 130,000 tons or 10.8% compared with the same period last year.The inventory of medium and heavy plates is 1.09 million tons, a decrease of 40,000 tons or 3.5% from the previous month. The inventory continues to decline; an increase of 150,000 tons or 16.0% from the beginning of this year; an increase of 120,000 tons or 12.4% from the same period last year. Wire rod inventory is 840,000 tons, a month-on-month decrease of 10,000 tons, or 1.2%, with slight fluctuations in inventory; an increase of 40,000 tons, or 5.0%, from the beginning of this year; an increase of 30,000 tons, or 3.7%, from the same period last year. Rebar inventory is 2.95 million tons, a decrease of 100,000 tons or 3.3% month-on-month. The inventory has continued to decline; it is a decrease of 130,000 tons or 4.2% from the beginning of this year; it is basically the same as the same period last year.
The above is China’s steel social inventory situation in November. I hope this article will be helpful to you. Our company can provide all the steel materials mentioned in this article, please contact us if you need them.
Post time: Dec-04-2023