This week, the total rebar inventory was 7.4463 million mt, down 196,400 mt WoW, a decrease of 2.57% MoM, and a 26.04% decline YoY on a lunar calendar basis. The total wire rod inventory this week was 1.6893 million mt, down 108,200 mt WoW, a decrease of 6.02% MoM, and a 29.15% decline YoY on a lunar calendar basis.

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