Recently, the ductile iron manhole cover manufacturers' inventory decline is not as obvious as in other regions
According to the statistics of this website, the total social stock of construction steel in southern Fujian this week was 287,700 tons, which was 53,600 tons less than last week, a decrease of 19%. Compared with last year, it increased by 30,100 tons, an increase of 12%. This week, under the influence of Sanbao's suspension of production, maintenance and production reduction, the market in South Fujian has been reduced, coupled with the recent increase in prices, the cost space of merchants has been enlarged, and merchants' efforts to prevent later risks have increased, and market resources have declined significantly.
According to the statistics of this website, the total social stock of construction steel in southern Fujian this week was 115,800 tons, a decrease of 9,600 tons, or 5%, from last week. This is an increase of 11,600 tons from last year, an increase of 13%. Recently, the price has continued to rise, the initial suppression of demand has begun to be released, and the overall performance of the transaction has been good. However, due to the small overall volume of local resources, the recent decline in inventory of ductile iron manhole covers manufacturers has not been as obvious as in other regions.
Taken together, this week's inventory data decreased by 90,700 tons from last week, a decrease of 13%. Compared with last year, it decreased by 33,500 tons, a decrease of 5%. Judging from the inventory data this week, this week is the seventh consecutive week of falling inventory in the Fujian market. The overall decline in inventory performance is still acceptable. The downstream procurement period is basically the same as last year, and the total inventory is worse than the same period last year. The value is reduced and basically enters the range of safety stock. However, the recent decline in inventory is still due to the overhaul of the steel mills and the reduction of production and the increase in demand, but with the resumed production of steel mills, it is bound to increase the amount of resources. Therefore, the decline in construction steel stocks in the Fujian market is expected to slow down next week.