[SMM Xi'an Building Materials Inventory] Outflows Combined with Weak Local Demand Drive Passive Inventory Reduction in Xi'an

Published: Oct 28, 2026 15:22 (GMT+8)

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[SMM Xi'an Building Materials Weekly Inventory] As of October 28, total building materials inventory in Xi'an this week was 175,500 mt, down 7,000 mt WoW, a decline of 3.84% WoW, and down 132,100 mt YoY, a YoY decline of 42.95%.

As of Oct 28, total construction material inventory in Xi'an stood at 175,500 mt this week, down 7,000 mt WoW, a decline of 3.84%, and down 132,100 mt YoY, a decline of 42.95%. Recently, some steel mills in the province continued to operate below full capacity due to profit losses and showed strong willingness to hold prices firm, but local market demand remained weak. Some resources were shipped to central and northern China, leading to a decline in incoming shipments to the province. Overall market inventory continued to edge down this week.

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