CISA: Rolled steel's social inventory decreases sharply MOM
2018-07-03 18:00:24 [Print]
The rolled steel's social inventory for June 2018 announced by CISA recently showed that in June 2018, the total social inventories of the five major categories of rolled steel in 20 cities of China continued dropping significantly MOM, and the stocks of all the five categories declined, especially for those of wire and rebar
. The total inventory in this month was 9 . 67 million tons, down by 1 . 72 million tons or 15 . 1% MOM; the total stock of rolled steel in the market was 8 . 86 million tons, down by 1 . 64 million tons or 15 . 6% from the previous month, and the inventory at ports was 800,000 tons, down by 80,000 tons or 8 . 6% MOM.