China Steel Association: In late March, the social inventory of 5 major steel varieties in 21 cities totaled 11.42 million tons, a decrease of 0.22 million tons compared to the previous period.

According to the China Iron and Steel Industry Association, by late March, the social inventory of 5 major types of steel in 21 cities was 11.42 million tons, a decrease of 220,000 tons compared to the previous period, a decrease of 1.9%; an increase of 4.42 million tons compared to the beginning of the year, an increase of 58.4%; an increase of 1.06 million tons compared to the same period last year, an increase of 10.2%. In late March, in terms of regions, most of the seven major regional steel social inventories showed a downward trend, with South China having the largest reduction and North China having the largest decline; Northwest China had the largest increase in inventory and increase.