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China Iron and Steel Association: In early June, 21 cities reported a social inventory of 9.38 million tons of five major steel products, a decrease of 10k tons month-on-month.
In early June, the social inventory of five major steel products in 21 cities was 9.38 million tons, a decrease of 10k tons from the previous week, down 0.1%, with little inventory fluctuation;
compared to the beginning of the year, it increased by 2.17 million tons, up 30.1%;
compared to the same period last year, it increased by 1.52 million tons, up 19.3%.