Rebar and Wire Rod Inventories Grow Remarkably in Guangzhou, SMM Reports

SHANGHAI, Sept. 14 (SMM) - Rebar and wire rod inventories increased further at major warehouses in Guangzhou this week, SMM finds.

Total inventories of rebar and wire rod increased 93,800 tonnes or 16.64% to 657,600 tonnes.

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Rebar inventories grew 39,100 tonnes or 9.4% to 457,000 tonnes.

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Coiled rebar inventories jumped 54,700 tonnes or 37.5% to 200,600 tonnes.

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