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March 2018 wire stock situation

2018-04-09
The stock of wire rods was 3.02 million tons this month, an increase of 1.09 million tons from the previous month, an increase of 56.7%. Of which, the steel market had 2.86 million tons of inventory, an increase of 1.13 million tons from the previous month, and the port had a stock of 170,000 tons, a decrease of 33,000 tons from the previous month.


In this month, there were 19 areas with an increase in wire stocks from the previous month, of which Shanghai increased more, and the inventory increased by 36,000 tons, all of which increased by the steel market; Guangzhou stock increased by 121,000 tons, of which the steel market increased by 154,000 tons. Reduced 33,000 tons; Beijing stock increased by 0.3 million tons, Shenyang 78,000 tons, Shijiazhuang 10 thousand tons, Nanjing 0.3 million tons, Hangzhou 42,000 tons, Suzhou 0.4 million tons, Hefei 83,000 tons, Jinan 18,000 tons, Zhengzhou 0.6 million Tons, Changsha 124,000 tons, Kunming 74,000 tons, Chengdu 149,000 tons, Chongqing 245,000 tons, Xi’an 96,000 tons; there was no area where the inventory was reduced month-on-month.

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