Warehouses of metal rolling in China continue to increase

As of December 28, 2012, the presence of finished metal products (sheet steel, hot -rolled rolls, cold -rolled rolls, reinforcements and rollens) amounted to 11 million 880 thousand tons in warehouses, increasing 107 thousand tons over the last working week of the year. However, in the annual calculus, the reserves of the metal rolling in 26 main markets of China steel decreased by 1 million 21 thousand tons compared to 2011.

In particular, from December 21 to 28, 2012, the number of reinforcement in the Middle Kingdom warehouses increased by 101 thousand tons, rolled rollers by 4 thousand tons, cold -rolled steel in rolls became more than 2 thousand tons and sheet steel by 5 thousand tons. At the same time, the offer of hot rolons from China warehouses decreased by 5 thousand tons.

The rapid increase in prices for metallurgical raw materials and, in particular for iron ore, significantly limited the profitability of Chinese metallurgical companies, negatively influenced the production indicators of the last week of December. In addition to growing costs, at the end of the year the amount of working capital has significantly decreased, which in turn also negatively affects the production of steel and metal rolling.




The company "Eurometer" sells stainless steel from the warehouse and on order. The proposed stainless steel is supplied in three main types-pipes, sheets and profiles. The Euromem supports a wide range of stainless metal rolling in Belgorod in its warehouse in Belgorod. Today, more than 700 stainless steel positions are available.