Industry News

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

Views : 188
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.
Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern