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In early July, the social inventory of steel increased by 1.3% month on month

In early July, the social inventory of steel increased by 1.3% month on month
Jul 28, 2023 page view:22

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On July 14, according to the China Iron and Steel Association, in the first ten days of July, the social stock of five major varieties of steel in 21 cities was 9.37 million tons, an increase of 120000 tons month on month, up 1.3%. After 13 consecutive ten days of decline, the stock rose: 1.85 million tons more than the beginning of the year, up 24.6%; A decrease of 2.66 million tons or 22.1% compared to the same period last year.

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