China-Singapore Jingwei, March 5 -- On the 4th, the "China Iron and Steel Association" released a report on the monitoring of steel social inventory.
In late February, the social inventory of five major varieties of steel in 21 cities was 13.67 million tons, an increase of 1.55 million tons or 128%, inventories continued to rise, and the range declined; an increase of 5.01 million tons from late January, an increase of 579%；an increase of 6.38 million tons from the beginning of the year, an increase of 875%；an increase of 90,000 tons over the same period of the previous year, an increase of 07%。
In terms of regions, the inventory of the seven major regions showed a continuous upward trend month-on-month, and the specific situation was: the inventory in Central China increased by 430,000 tons month-on-month, an increase of 377%, which is the area with the largest increase and increase; South China increased by 350,000 tons, up 130%；East China increased by 240,000 tons, an increase of 77%；The southwest increased by 180,000 tons, an increase of 111%；The northwest increased by 150,000 tons, an increase of 125%；North China increased by 130,000 tons, up 82%；The Northeast increased by 70,000 tons, up 92%。
In late February, the social inventory of the five major varieties of steel increased month-on-month, of which rebar was the largest increase in the variety, and wire rod was the largest increase.
*: "China Iron and Steel Association"**
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