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Steel social inventories in mid-March

• Tuesday, March 24, 2020
• Source:ferro-alloys.com

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[Ferro-Alloys.com] 

 

In mid-March, social inventory of 5 varieties of steel in 20 cities was 20 million tons, a decrease of 210 thousand tons (1.0%) vs. last ten days, and an increase of 13.18 million tons (193.3%) year on year.

 

View by regions, it's up by 160 thousand tons vs. last ten days in Northwest China and 50 thousand tons in Northeast China. And it's down by 6.25 and 3.3% vs. last ten days respectively in North China and Southwest China.

 

 

	Hot Rolled Coil;	Cold Rolled Coil;	Plate	Wire rod	Rebar	Total
Inventory in mid-March (10000' tons)	270	165	123	387	1055	2000
Percentage（%）	13.5	8.2	6.1	19.4	52.8	100
Inventory in early March (10000' tons)	279	173	128	397	1044	2021
Change (10000' tons)	-9	-8	-6	-9	11	-21
Change vs. last ten days（%）	-3.2	-4.6	-4.4	-2.3	1.1	-1

 

(Translated by editor)

 

 

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• [Editor:kangmingfei]