Cangzhou Junde Steel Pipe Co.,Ltd
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China Steel Association: In June, social steel inventories fell sharply
2018 06 27 Cangzhou Junde Steel Pipe Co.,Ltd
The China Iron and Steel Industry Association Network released the analysis of steel stocks in June 2018. In June 2018, the social inventory of the five major categories of steel products in 20 cities across the country continued to fall sharply in comparison with the previous quarter, and the stocks of the five varieties all declined, especially for wire rods and rebars. Inventories totaled 9.67 million tons this month, a decrease of 1.72 million tons from the previous period, a decrease of 15.1%; of which steel stocks totaled 8.86 million tons, a decrease of 1.64 million tons from the previous period, a decrease of 15.6%, and port inventory of 800,000 tons, a decrease of 80,000 tons from the previous month , dropped 8.6%.
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