According to the data of China Iron and Steel Industry Association, in late January, the social inventory of five major varieties of steel in 21 cities was 11.58 million tons, an increase of 2.29 million tons or 24.7% on a month-on-month basis; An increase of 4.06 million tons or 54.0% over the beginning of the year; An increase of 1.95 million tons or 20.2% over the same period last year.

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