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CISA: Social Inventory of Steel Products for July 21-31, 2020

https://en.steelhome.com [SteelHome] 2020-08-05 09:02:55

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During July 21-31, 2020, social inventory of five products in 20 cities attained 12.57 million tons, up 170,000 tons or 1.4% from July 11-21, 2020 and down 7.64 million tons or 37.8% from the peak in early March.

In terms of regions, compared with the inventory in July 11-21, social inventory of steel products rose by 210,000 tons or 8.9% in Southwest China while dropped by 5.7% in middle China.

During July 21-31, 2020, the inventory of rebar, wire rod and HRC increased from July 11-21 while CRC and medium and heavy plate decreased.

Social Inventory of Steel Products for July 21-31, 2020

Unit (10,000 tons)

HRC

CRC

Medium Plate

Wire Rod

Rebar

Total

Inventory (Jul. 21-31)

175

117

85

210

670

1257

Ratio (%)

13.9

9.3

6.8

16.7

53.3

100

Inventory (Jul. 11-21)

169

120

87

204

660

1240

Change

6

-3

-2

6

10

17

Change (%)

3.6

-2.5

-2.3

2.9

1.5

1.4

Source from CISA


(To contact the reporter on this story: nancy.bu@steelhome.cn or 0086-21-50585358 15955340612)
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