The market opened with weakness and ended in decline. Rumors suggest that there will be…
1. The national steel stocks have declined for 4 consecutive weeks, the decline in building materials inventories has slowed down, and the decline in sheet stocks has accelerated slightly.
The current national social stocks of steel have fallen for 4 consecutive weeks. According to the monitoring data of the Lange Steel Cloud Business Platform: on April 2, 2021, the national steel social inventory index was 188.1 points, down 4.64% from last week, and slightly slower than last week’s decline by 0.74 percentage points. A monthly decrease of 12.25%, a decrease of 17.08% compared with the same period last year; of which, the social inventory index of building materials was 300.6 points, a decrease of 4.49% compared with last week, and the rate of decline slowed down by 1.33 percentage points compared with last week, and a decrease of 11.82% compared with the previous month. The same period last year fell by 15.20%; the board social inventory index was 97.3, a decrease of 5.00% from last week, a slight acceleration of 0.70 percentage points from last week’s decline, a decrease of 13.31% from the previous month, and a decrease of 21.43% from the same period last year.
2. The decline rate of wire rod inventory has slowed down, the decline rate of rebar inventory has accelerated slightly, and the decline rate of coiled snail inventory has slowed down sharply; the decline rate of hot rolled coil inventory has accelerated slightly, and the decline rate of cold rolled inventory has accelerated slightly. Decrease speed of heavy plate inventory has accelerated.
According to the monitoring data of the Lange Steel Cloud Business Platform: on April 2, 2021, the social stock of steel in 29 key cities across the country was 17,328,300 tons, a decrease of 841,500 tons or 4.64% compared with the previous week’s decline. Slightly slowed down by 0.74 percentage points; the social inventory of building materials in key cities nationwide was 12,336,800 tons, a decrease of 580,500 tons from last week, a drop of 4.49%, and a slowdown of 1.33 percentage points from last week’s decline; The social inventory was 4,961,500 tons, a decrease of 261,000 tons from last week, a decrease of 5.00%, and a slight acceleration of 0.70 percentage points from last week’s decline. In terms of categories: the national wire rod social inventory was 2.0862 million tons, down 4.98% from last week, 3.38 percentage points slower from last week, 14.83% lower than last month, and 29.66% lower than the same period last year. ; The social inventory of rebar was 9,953,100 tons, a decrease of 4.19% from last week, a slight acceleration of 0.15 percentage points from last week, a decrease of 10.34% from last month, and a decrease of 9.81% from the same period last year; the social inventory of snails It was 327,400 tons, a decrease of 10.19% from last week, a sharp slowdown of 27.95 percentage points from last week’s decline, a decrease of 30.93% from the previous month, and a decrease of 43.80% from the same period last year; the social inventory of hot-rolled coils was 2.5756 million tons. , A decrease of 5.12% from last week, a slight acceleration of 0.56 percentage points from last week’s decline, a decrease of 14.78% from last month, and a decrease of 28.36% from the same period last year; the social inventory of cold-rolled coils was 1,183,600 tons, compared with last week A decrease of 1.92%, a slight increase of 0.24 percentage points from the rate of decline last week, a decrease of 3.72% from the previous month, and a decrease of 16.51% from the same period last year; the social inventory of plate was 1.2023 million tons, a decrease of 7.61% from the previous week. The rate of decline last week accelerated by 1.52 percentage points, a decrease of 18.29% from the previous month and a decrease of 7.65% from the same period last year.