Inventory Analysis of Medium and Heavy Plates in China in February 2019

In February 2019, China's total stocks of medium and heavy plates rebounded significantly.

Medium and heavy plate stocks are 1.33 million tons this month, an increase of 230,000 tons over the previous month, an increase of 20.5%. Among them, 1.13 million tons are in stock in the steel market, an increase of 220,000 tons over the previous month, and 200,000 tons in the port stock, an increase of 10,000 tons over the previous month.

In this month, there are 16 areas where the stocks of medium and heavy plates increased annually. Among them, Tianjin has more stocks, and the stocks increased annually by 0.5 million tons, including steel market by 0.3 million tons and port by 0.2 million tons; Guangzhou's stocks increased annually by 105,000 tons, including steel market by 97,000 tons and port by 0.8 million tons; Beijing's medium and heavy plates stocks annulus by 0.1 million tons and Shenyang by 12,000 tons. 10,000 tons, Shijiazhuang 0.22 million tons, Nanjing 0.6 million tons, Hefei 0.20 million tons, Jinan 18,000 tons, Zhengzhou 0.5 million tons, Wuhan 0.9 million tons, Changsha 0.7 million tons, Kunming 0.5 million tons, Chengdu 25,000 tons, Chongqing 12,000 tons, Xi'an 13,000 tons; the area where the inventory ring ratio of medium and heavy plates is reduced is only Taiyuan, with the inventory ring ratio decreasing by 0.01 million tons.