Overview of Steel Inventory
Overview of Steel Inventory
Overall Inventory Status
In early May, the total social inventory of the five major steel types across 21 cities amounted to 11.55 million tons. This represented a decrease of 440,000 tons compared to the previous month, marking a 3.7% decline. However, it showcased a significant increase of 4.26 million tons (58.4%) since the beginning of the year and a 2.2% increase from the same period last year.
Regional Inventory Analysis
During early May, except for a slight increase in inventory in the Northeast region compared to the previous month, the seven major regions all experienced varying degrees of decreases. Here’s the breakdown:
- Northwest: Decreased by 140,000 トン (13.3% decrease).
- East China: Decreased by 90,000 トン (2.7% decrease).
- South China: Decreased by 80,000 トン (2.8% decrease).
- North China: Decreased by 70,000 トン (6.4% decrease).
- Southwest China: Decreased by 70,000 トン (4.6% decrease).
- Central China: Decreased by 10,000 トン (0.7% decrease).
- Northeast: Increased by 20,000 トン (2.4% increase).
Inventory Analysis by Steel Type
- Hot Rolled Coils
- Inventory: 2.42 million tons.
- Change: Increased by 60,000 トン (2.5% increase).
- Year-on-year Change: Increased by 330,000 トン (15.8% increase).
- Cold Rolled Coils
- Inventory: 1.35 million tons.
- Change: Decreased by 20,000 トン (1.5% decrease).
- Year-on-year Change: Increased by 110,000 トン (8.9% increase).
- Medium and Thick Plate
- Inventory: 1.31 million tons.
- Change: Decreased by 40,000 トン (3.0% decrease).
- Year-on-year Change: Increased by 350,000 トン (36.5% increase).
- Wire Rod
- Inventory: 1.08 million tons.
- Change: Decreased by 110,000 トン (9.2% decrease).
- Year-on-year Change: Decreased by 430,000 トン (28.5% decrease).
- Rebar
- Inventory: 5.39 million tons.
- Change: Decreased by 330,000 トン (5.8% decrease).
- Year-on-year Change: Decreased by 110,000 トン (2.0% decrease).
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