China National Steel Inventory Report: March 25th Updates

As of March 25th, the total urban inventory of steel across the nation stands at 13.4645 million tons, showing a week-on-week decrease of 0.3335 million tons (-2.42%) in comparable caliber. This figure encompasses 39 cities and a collective of 147 warehouses.

In terms of specific steel categories, the total inventory of construction steel this week amounts to 8.329 million tons, registering a week-on-week decline of 0.2453 million tons (-2.86%) in comparable caliber. This category spans across 30 cities and comprises a total of 89 warehouses.

Meanwhile, the inventory of hot-rolled coils for this week stands at 3.0042 million tons, marking a week-on-week decrease of 0.0969 million tons (-3.12%) in comparable caliber. These figures are drawn from 16 cities and a total of 49 warehouses.

As for medium and heavy steel plates, the total inventory for this week reaches 0.8053 million tons, showing a week-on-week decline of 0.0242 million tons (-2.92%) in comparable caliber. This category encompasses 9 cities and a total of 15 warehouses.

Lastly, the inventory of cold-rolled and coated coils(PPGI) amounts to 1.326 million tons for this week, indicating a week-on-week increase of 0.0329 million tons (+2.54%) in comparable caliber. These figures are derived from 5 cities and a total of 14 warehouses.

These statistics provide a comprehensive overview of the current steel inventory situation, reflecting fluctuations across various steel categories in different regions of the country.