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April 8, 2018

Guangzhou's long steel social inventory down 3.5%

SHANGHAI, Apr 4 (SMM) – Social inventories of long steel in Guangzhou, Guangdong province stood at 2.08 million mt as of Wednesday April 4, down 74,800 mt from a week ago, SMM data showed.

Rebar inventory fell 51,000 mt to 1.38 million mt and stocks of wire rod dropped 23,800 mt to 704,700 mt.


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