Apr.19 (LTIT) –Social inventories of long steel in Guangzhou, Guangdong province fell 4.6% on the week and stood at 1.85 million mt as of Wednesday April 18. Inventories shrank 89,500 mt from a week ago.

Rebar inventory declined 65,400 mt to 1.21 million mt and stocks of wire rod dropped 24,100 mt to 641,300 mt.