China Rebar Stocks Continue Growing; Hot-Rolled Steel Stocks Fall, SMM Says

Published: Oct 12, 2017 15:56
Rebar stocks in China kept growing this week, while steel wire coil stocks and hot-rolled steel plate stocks fell, SMM data shows.

SHANGHAI, Oct. 12 (SMM) – Rebar stocks in China kept growing this week, while steel wire coil stocks and hot-rolled steel plate stocks fell, SMM data shows. 

 

Oct. 12

Week-on-Week Change

Rebar

4.89 million

+0.9%

steel wire coil

1.36 million

-2.5%

hot-rolled steel plate

2.26 million

-0.8%

Unit: tonne

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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