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 吨 (13.3% decrease).
- East China: Decreased by 90,000 吨 (2.7% decrease).
- South China: Decreased by 80,000 吨 (2.8% decrease).
- North China: Decreased by 70,000 吨 (6.4% decrease).
- Southwest China: Decreased by 70,000 吨 (4.6% decrease).
- Central China: Decreased by 10,000 吨 (0.7% decrease).
- Northeast: Increased by 20,000 吨 (2.4% increase).
Inventory Analysis by Steel Type
- Hot Rolled Coils
- Inventory: 2.42 million tons.
- Change: Increased by 60,000 吨 (2.5% increase).
- Year-on-year Change: Increased by 330,000 吨 (15.8% increase).
- Cold Rolled Coils
- Inventory: 1.35 million tons.
- Change: Decreased by 20,000 吨 (1.5% decrease).
- Year-on-year Change: Increased by 110,000 吨 (8.9% increase).
- Medium and Thick Plate
- Inventory: 1.31 million tons.
- Change: Decreased by 40,000 吨 (3.0% decrease).
- Year-on-year Change: Increased by 350,000 吨 (36.5% increase).
- Wire Rod
- Inventory: 1.08 million tons.
- Change: Decreased by 110,000 吨 (9.2% decrease).
- Year-on-year Change: Decreased by 430,000 吨 (28.5% decrease).
- Rebar
- Inventory: 5.39 million tons.
- Change: Decreased by 330,000 吨 (5.8% decrease).
- Year-on-year Change: Decreased by 110,000 吨 (2.0% decrease).
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