

After festival and on the frist week, the domestic steel inventories sharply increases once more , the national steel inventories reached a total of 20.38 million tons hiting records in the history.
According to the survey,by February 22,the social inventory of five kinds of steel(steel bar, wire rods, hot-rolled steel, cold-rolled steel plate) is 20,383,700 tons , compared with the Spring Festival increasing 2,367,700 tons,keeping rising ten weeks.the total inventory hit a new high in the statistics of "My steel net".Among these , rebar inventories increase most in 35 major cities,the single-week increase ups to 1,219,400 tons.
XINSTEEL NEWS