The real-time report of brass tube inventory was updated. The central bank released financial data for the first quarter and March. In the first quarter, RMB loans increased by 5.81 trillion yuan, an increase of 952.6 billion yuan over the same period last year. The cumulative increase of social financing scale was 8.18 trillion yuan, an increase of 2.34 trillion yuan over the same period last year. Among them, social finance increased by 286 million yuan in March, an increase of 216 million yuan annually; new people’s loans increased by 169 trillion yuan, an increase of 804.2 billion yuan annually; M2 money supply increased by 8.6% year-on-year, an increase of 0.6 percentage points, M1 money supply increased by 4.6% year-on-year, and the growth rate increased by 2.6 percentage points.
In March, social finance and credit data exceeded expectations, market liquidity was relatively abundant, credit of residential and enterprise sectors was improved, and financial support for the real economy was strengthened. Among them, 890.8 billion yuan of new residential loans were added in March, an increase of 317.5 billion yuan compared with the same period last year, which may indicate that real estate sales will recover in March.
The brass tube inventory digested smoothly, and the overall depot reduction continued to accelerate. China’s steel stocks continued to decline substantially, with the five major types of steel social warehouses decreasing by 876,900 tons to 142,263,300 tons, 16,952,000 tons compared with the same period last year, and the factory-warehouse ring decreasing by 289,200 tons to 464,920,000 tons, 11,944,000 tons compared with the same period last year.
Hollow Brass Tube Standard: ASTM B111, JIS H3300, BS EN 12451, EN 12449, GB/T8890,etc. Material: Hal77-2,C68700,CZ111,CuZn28Sn1,C6780 Outside diameter: 0.01-1000mm wall thickness:0.1~100mm Length: unlimited Surface: bright ,clean and smooth in the surface; Application: Aluminume brass tube are widely used in Steam Turbines, Seawater Desalination Equipments, Petrochemical Plants, Power Plants, Coolers, Boiler, Water Evaporators, Oil Refineries, and […]
Thin Walled Brass Pipe Tube Type: Straight brass Pipe Application: Water Tube Specification: Customized Length: Customers’ Requirement Cu (Min): 59% Alloy Or Not: Is Alloy Ultimate Strength (≥ MPa): 205 Elongation (≥ %): 40% Wall Thickness: 0.2-10mm Outside Diameter: 3-200mm Large Diameter Brass Pipe Surface: Bright Shape: Round Temper: Customized Package: Wooden Case Brass pipes […]