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Steel social inventory in late April

Wednesday, May 6, 2020
Source:ferro-alloys.com

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Keywords:Steel social inventory

[Fellow]In late April, the social inventory of 5 varieties of steel in 20 cities was 16.24 million tons.

[Ferro-Alloys.com] In late April, the social inventory of 5 varieties of steel in 20 cities was 16.24 million tons, down by 930 thousand tons (5.4%) than last ten days and up by 9.43 million tons (138.3%) vs. the begining of the year.

Viewed by regions, the inventory in Central China and East China decreased by 280 thousand tons and 270 thousand tons respectively than last ten days, the inventory in Northwest China and Central China decreased by 13.7% and 12.9% respectively than last ten days.

	Hot rolled coil	Cold rolled coil	Medium and heavy plate	Wire rod	Rebar	Total
Inventory in late April (10000’ tons)	238	149	92	314	831	1624
Ratio (%)	14.7	9.2	5.7	19.4	51.1	100
Inventory in Mid-April (10000’ tons)	252	154	102	319	891	1717
Change (10000’ tons)	-13	-4	-10	-5	-61	-93
Change vs. last ten days (%)	-5.3	-2.7	-9.9	-1.5	-6.8	-5.4

(Translated by editor)

[Editor:kangmingfei]

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