In the first ten days of October, the social stock of steel rose 6.0% month on month
China Iron and Steel Association Market Research Department
China Iron and Steel Association steel social inventory monitoring report shows that in the first ten days of October, 21 cities five varieties of steel social inventory is 9.03 million tons, a monthly increase of 51 million tons, up 6.0%, the inventory fell for the first time after 10 days of recovery; 1.15 million tons more than at the beginning of the year, up 14.6 percent; It was 2.09 million tons lower than the same period last year, down 18.8 percent.
South China is the area with the largest increase
In the first ten days of October, according to the region, the inventory of seven regions except the Northeast region fell month-on-month, all the other regions recovered. The specific situation is as follows: the inventory in South China increased by 230,000 tons month-on-month, up 11.6%, which was the largest increase. Central China increased by 120,000 tons, up 13.6%, with the largest increase. East China increased by 100,000 tons, up 4.2 percent; Southwest China increased by 80,000 tons, up 5.2 percent; North China increased by 60,000 tons, up 7.1 percent; Northwest China increased by 30,000 tons, up 6.5 percent; Inventories in the Northeast fell by 110,000 tons month-on-month, down 23.9 percent.
In addition to wire rods,
Five varieties of steel social inventory picked up
In the first ten days of October, five kinds of steel social inventory in addition to wire rod month-on-month slight decline, other varieties have different degrees of recovery, among which
Hot Rolled Coil for the incremental, the largest increase in varieties. The inventory of hot-rolled coil was 1.94 million tons, an increase of 260,000 tons, up 15.5%, indicating a large inventory recovery. 380,000 tons more than at the beginning of this year, up 24.4 percent; That's 160,000 tons more than the same period last year, up 9.3%. The inventory of cold-rolled coil was 1.29 million tons, an
