According to data from the China Iron and Steel Association, in early April, the social inventory of five major categories of steel in 21 cities was 10.82 million tons, a decrease of 600,000 tons or 5.3% from the previous period; an increase of 3.61 million tons or 50.1% compared to the beginning of the year; and an increase of 990,000 tons or 10.1% compared to the same period last year.
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