China Rebar Stocks Keep Growing; Hot-Rolled Steel Stocks Stop Falling, SMM Says

Sep 1, 2017 11:06

Source:SMM

Rebar stocks across China have been rising steadily, while hot-rolled steel plate stocks reversed declines, SMM statistics showed.

SHANGHAI, Sept. 1 (SMM) – Rebar stocks across China have been rising steadily, while hot-rolled steel plate stocks reversed declines, SMM statistics showed.

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As of August 31, rebar stocks totaled 4.62 million tonnes, up 2% week-on-week, versus 2.2 million tonnes of hot-rolled steel plate stocks, up 1.7% week-on-week, and 1.12 million tonnes of steel wire rod stocks, up 2.4% week-on-week.

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China Rebar Stocks Keep Growing; Hot-Rolled Steel Stocks Stop Falling, SMM Says

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