In October 2018, China's A387 Gr22 steel plate and so on social steel inventory rose slightly compared with the previous month, in which the steel plate inventory increased significantly. This month's total inventory is 9.4 million tons, an increase of 70,000 tons, up 0.8%; steel market inventory is 8.52 million tons, an increase of 0.08%; port inventory is 870,000 tons, an increase of 67,000 tons, an increase of 8.3%.
The inventory of A387 Gr22 steel plate and so on hot rolled steel coils and plates is as follows:
The inventory of A387 Gr22 steel plate and so on hot rolled steel coils and plates is 1 million 950 thousand tons this month, an increase of 130 thousand tons from last month, an increase of 7.1%. Among them, steel market inventory is 1.73 million tons, 110,000 tons more than last month, port inventory is 230,000 tons, 20,000 tons more than last month.
In this month, there were 12 areas with an increase in the inventory of A387 Gr22 steel plate and so on hot rolled steel coils and plates, including Tianjin, where the inventory increased by more than 10,000 tons, all of which was an increase in the steel market; Shanghai's inventory increased by 22,000 tons, of which the steel market increased by 0.11 million tons; the port inventory increased by 21,000 tons; Guangzhou's inventory increased by 42,000 tons. China's steel market increased 41,000 tons; the port increased by 0.10 million tons; Shenyang's inventory increased by 0.6 million tons, Hefei's 0.2 million tons, Zhengzhou's 0.4 million tons, Changsha's 0.6 million tons, Kunming's 0.2 million tons, Chengdu's 26,000 tons, Chongqing's 0.8 million tons, Xi'an'an's 37,000 tons. This month's inventory in three areas shows reduction. The inventory reduction of Taiyuan is typical, decreased by 11 thousand tons and 23 thousand tons in Wuhan.
Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!
