SMM Construction Material Inventory: Rebar Stockpiles Rise Slightly, In-Plant Inventory Shows Early Turnaround

[SMM Construction Material Inventory: Inventory Buildup Continued to Narrow, In-Plant Inventory Turning Point Arrived Earlier]

This week, total rebar inventory reached 8.0714 million mt, up 139,800 mt (1.76% MoM, previous value +3.47%) and down 4.2364 million mt YoY from the same period last year on the lunar calendar, a decrease of 34.42%.