China Steel Inventory MoM Decrease

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China Iron and Steel Association Market Research Department

In late May, the China Steel Inventory

In late May, the china steel inventory of five types of steel products in 21 cities was 12.07 million tons, a month-on-month decrease of 10,000 tons or 0.1%, and the decline in inventories slowed down; it decreased by 630,000 tons or 5.0% from the end of April; it increased from the beginning of this year. 4.19 million tons, an increase of 53.2%; an increase of 890,000 tons, an increase of 7.9% year-on-year.

In late May, in terms of regions, inventories in the seven major regions rose and fell.

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The specific situation is as follows: the inventory in the northwest region decreased by 60,000 tons or 6.2% month-on-month, which was the region with the largest reduction and the largest decline; central China decreased by 40,000 tons, a decrease of 2.9%; Northeast region decreased by 10,000 tons, a decrease of 1.2%; East China The region decreased by 10,000 tons, or 0.3%; the inventory in North China increased by 100,000 tons or 7.5% month-on-month, which was the region with the largest increase and the largest increase; the South China region increased by 10,000 tons, up 0.4%; the inventory in the southwest region was flat month-on-month.

The Inventory of Hot Rolled Coils

In late May, the inventory of hot rolled coils was 1.78 million tons, an increase of 30,000 tons or 1.7% from the previous month. The inventory rebounded for the first time after falling for 9 consecutive days; it increased by 10,000 tons or 0.6% compared with the end of April; compared with the beginning of this year. 220,000 tons, an increase of 14.1%; a year-on-year increase of 180,000 tons, an increase of 11.3%.

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The Inventory of Cold Rolled Coils

In late May, the inventory of cold rolled coils was 1.27 million tons, an increase of 10,000 tons or 0.8% month-on-month, and the inventory increased slightly; an increase of 50,000 tons or 4.1% from the end of April; an increase of 150,000 tons from the beginning of this year, an increase of 4.1%. 13.4%; an increase of 160,000 tons or 14.7% year-on-year

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The Medium and Heavy Plate Inventory

In late May, the medium and heavy plate inventory was 1.03 million tons, an increase of 20,000 tons or 2.0% month-on-month, and the inventory continued to rise; it increased by 50,000 tons or 5.1% from the end of April; it increased by 120,000 tons or 13.2% from the beginning of this year. %; an increase of 70,000 tons or 7.5% year-on-year.

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The Wire Rod Inventory

In late May, the wire rod inventory was 1.82 million tons, a month-on-month decrease of 50,000 tons, a decrease of 2.7%, and the inventory continued to decline; a decrease of 240,000 tons, a decrease of 11.7% from the end of April; an increase of 560,000 tons from the beginning of this year, an increase of 44.4%; A decrease of 80,000 tons or 4.4% year-on-year.

The Inventory of Rebar

In late May, the inventory of rebar was 6.17 million tons, a decrease of 20,000 tons or 0.3% from the previous month, and the decline in inventory narrowed; it decreased by 500,000 tons or 7.5% from the end of April; it increased by 3.14 million tons from the beginning of this year. An increase of 103.6%; a year-on-year increase of 560,000 tons, and an increase of 10.0%.

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