China Iron and Steel Association: the social inventory of five categories of steel products fell 3.3% month-on-month in July

The China Steel Association released an analysis of the social stock of steel in July on the 30th. In July 2018, the total social inventory of five categories of steel products in 20 cities across the country continued to decline, but the decline was narrowed. The total inventory of this month was 9.29 million tons, a decrease of 310000 tons or 3.3% on a month-on-month basis; Among them, the total inventory of steel market is 8.45 million tons, a decrease of 350000 tons, or 3.9%, and that of port is 840000 tons, an increase of 30000 tons, or 4.1%.