Rebar and Wire Rod Inventory Declines This Week

December 26

This week, total rebar inventory was 3.7122 million mt (down 28,000 mt WoW, down 0.75% MoM, down 36.75% YoY based on the lunar calendar).

This week, total wire rod inventory was 946,600 mt (down 16,600 mt WoW, down 1.72% MoM, down 36.17% YoY based on the lunar calendar).