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Analysis of China's steel sheet stock

As for the inventory of hot-rolled steel coil, as of April 2, the total inventory of hot-rolled steel coil in 29 key cities in China reached 2.5756 million tons, down 138900 tons from the end of last week, by 5.12%, 14.78% from the same period of last month and 28.36% from the same period of last year.

In terms of inventory of cold rolled steel coil, as of April 2, the inventory of cold rolled steel coil in 24 key cities in China was 1183600 tons, down 23100 tons or 1.92% from the end of last week, 3.72% from the same period of last month and 16.51% from the same period of last year.

As for the inventory of medium and heavy plate, as of April 2, the total inventory of medium and heavy plate in 29 key cities in China reached 1.023 million tons, which was 7.61% lower than that at the end of last week, 18.29% lower than that at the same period of last month and 7.65% lower than that at the same period of last year.

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