Industry News

China’s social stocks of 5 major steel products in week ending Oct 28 drop

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Update time : 2022-11-03 20:06:11
In the week ending on October 28, the inventory of China’s five major steel products was about 10.02 million tons, decreasing by 3.09% from the previous week.

Among them, the social inventory of rebar (about 4.19 million tons), wire rods (about 910,000 tons), hot-rolled products (about 2.47 million tons), cold-rolled products (about 1.27 million tons), and medium-thick plates (about 1.18 million tons) decreased by 3.42%, 6.19%, 3.2%, 1.25% and 1.1% week on week, respectively.
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