Overview of National Construction Material Inventory on February 6

This week, total rebar inventory was 6.6117 million mt (up 2.1327 million mt from pre-holiday levels, up 47.62% WoW, down 32.64% YoY based on the lunar calendar);

social rebar inventory was 4.3992 million mt (up 1.2834 million mt from pre-holiday levels, up 41.19% WoW, down 34.61% YoY based on the lunar calendar);

in-plant rebar inventory was 2.2125 million mt (up 849,300 mt from pre-holiday levels, up 62.3% WoW, down 28.36% YoY based on the lunar calendar).

This week, total wire rod inventory was 1.7673 million mt (up 651,600 mt from pre-holiday levels, up 58.4% WoW, down 37.71% YoY based on the lunar calendar);

social wire rod inventory was 827,400 mt (up 342,400 mt from pre-holiday levels, up 70.59% WoW, down 33.34% YoY based on the lunar calendar);

in-plant wire rod inventory was 939,900 mt (up 309,200 mt from pre-holiday levels, up 49.03% WoW, down 41.11% YoY based on the lunar calendar).