CISA releases November's social inventories for steel
2018-12-05 16:55:53 [Print]
According to data released by China Iron & Steel Association (CISA), the total social inventories of five types of steel products in 20 cities went down MOM in November, hitting the second lowest level in 2018, with the stocks of long products decreased dramatically and those of rebar dropped by over 20%
Specific figures are as follows.
I. HRC
The stocks of HRC reached 1.99 million tons in November, up by 30,000t or 1 . 7% MOM . In particular, the figure in steel market was 1 . 76 million tons, up by 40,000t MOM, while that at ports was 220,000t, down by 4,000t MOM.
II. CRC
The stocks of CRC reached 1.82 million tons in November, down by 50,000t or 2 . 6% MOM . In particular, the figure in steel market was 1 . 53 million tons, down by 60,000t MOM, while that at ports was 290,000t, up by 10,000t MOM.
III. Plate
The stocks of plate reached 1.2 million tons in November, up by 90,000t or 8 . 2% MOM . In particular, the figure in steel market was 1 . 05 million tons, up by 80,000t MOM, and that at ports was 150,000t, up by 10,000t MOM.
IV. Wire
The stocks of wire reached 900,000t in November, down by 160,000t or 14.8% MOM . In particular, the figure in steel market was 820,000t, down by 150,000t MOM, and that at ports was 80,000t, down by 2,000t MOM.
V. Rebar
The stocks of rebar reached 2.69 million tons in November, down by 720,000t or 21 . 1% MOM . In particular, the figure in steel market was 2 . 57 million tons, down by 700,000t MOM, and that at ports was 120,000t, down by 20,000t MOM.
. The total inventories were 8 . 6 million tons in November, down by 800,000t or 8 . 5% MOM . In particular, the total stocks in steel market reached 7 . 73 million tons, down by 790,000t or 9 . 3% MOM and those at ports reached 870,000t, down by 9,000t or 1 . 0% MOM.
Specific figures are as follows.
I. HRC
The stocks of HRC reached 1.99 million tons in November, up by 30,000t or 1 . 7% MOM . In particular, the figure in steel market was 1 . 76 million tons, up by 40,000t MOM, while that at ports was 220,000t, down by 4,000t MOM.
II. CRC
The stocks of CRC reached 1.82 million tons in November, down by 50,000t or 2 . 6% MOM . In particular, the figure in steel market was 1 . 53 million tons, down by 60,000t MOM, while that at ports was 290,000t, up by 10,000t MOM.
III. Plate
The stocks of plate reached 1.2 million tons in November, up by 90,000t or 8 . 2% MOM . In particular, the figure in steel market was 1 . 05 million tons, up by 80,000t MOM, and that at ports was 150,000t, up by 10,000t MOM.
IV. Wire
The stocks of wire reached 900,000t in November, down by 160,000t or 14.8% MOM . In particular, the figure in steel market was 820,000t, down by 150,000t MOM, and that at ports was 80,000t, down by 2,000t MOM.
V. Rebar
The stocks of rebar reached 2.69 million tons in November, down by 720,000t or 21 . 1% MOM . In particular, the figure in steel market was 2 . 57 million tons, down by 700,000t MOM, and that at ports was 120,000t, down by 20,000t MOM.