In early January, 21 cities 5 major varieties of steel social inventory of 7.81 million tonnes, an increase of 0.52 million tonnes, up 7.1%, the inventory rose for 2 consecutive decades, the amplitude of the expansion; compared with the same period in 2023, a decrease of 0.65 million tonnes, down 7.7%.
East China for the largest increase in social stocks of steel in the region.
In the first half of January, divided into regions, seven regional inventories have risen, as follows: East China inventory increased 120,000 tonnes, up 5.7%, as the largest incremental region; North China increased 110,000 tonnes, up 11.6%, as the largest region; Southwest China increased 100,000 tonnes, up 9.3%; South China increased 90,000 tonnes, up 6.1%; central China increased 50,000 tonnes up 6.8%; Northwest China up 40,000 tonnes, up 7.4%; and Northeast China up 10,000 tonnes, up 2.6%.
Rebar is the largest incremental varieties
Wire rod is the largest variety of increase
In early January, the 5 major varieties of steel social inventories have risen from the ring, of which rebar for the largest incremental varieties, wire rod for the largest varieties of rise.
Hot rolled steel coil stocks were 1.47 million tonnes, an increase of 30,000 tonnes, up 2.1%, inventory from decline to rise; than the same period in 2023, a decrease of 250,000 tonnes, down 14.5%.
Cold rolled steel coil stocks were 1.06 million tonnes, an increase of 30,000 tonnes from the previous year, up 2.9%, inventory from decline to rise; than the same period in 2023, a decrease of 160,000 tonnes, down 13.1%.
Inventories of medium and thick plate were 1.01 million tonnes, an increase of 70,000 tonnes or 7.4% from a year earlier, with inventories going up from down; a decrease of 10,000 tonnes or 1.0% from the same period in 2023.
Wire rod stocks were 920,000 tonnes, an increase of 90,000 tonnes, up 10.8% from a year earlier, widening the rise in stocks; a decrease of 10,000 tonnes, down 1.1% from the same period in 2023.
Rebar stocks stood at 3.35 million tonnes, an increase of 300,000 tonnes, or 9.8%, from a year earlier, widening the rate of inventory rise; a decrease of 220,000 tonnes, or 6.2%, from the same period in 2023.
Post time: Jan-19-2024