China Iron and Steel Association: The social inventory of steel in late March was 11.42 million tons, a decrease of 220,000 tons from the previous month.

According to the China Iron and Steel Industry Association's news on April 3rd, in late March, the social inventory of 5 major steel products in 21 cities nationwide was 11.42 million tons, a decrease of 220,000 tons or 1.9% compared to the previous period; an increase of 4.42 million tons or 58.4% compared to the beginning of the year; an increase of 1.06 million tons or 10.2% compared to the same period last year.