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Home / Metal News / May output of rebar, wire rods up year on year

May output of rebar, wire rods up year on year

Jun 20, 2018 18:07

Source:SMM

Chinese output of rebar in May rose 3.6% year on year and stood at 17.74 million mt

SHANGHAI, Jun 20 (SMM) – Chinese output of rebar in May rose 3.6% year on year and stood at 17.74 million mt, according to data by the National Bureau of Statistics (NBS) on Wednesday June 20.

Rebar production in the first five months of 2018 grew 11% from the same period last year and registered at 81.47 million mt.

Output of wire rods in May increased 9.3% on the year and amounted to 12.13 million mt. This brought output of wire rods in the first five months to 54.51 million mt, up 6.3% year on year.

Production data

Rebar

Wire rods

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The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.27 million mt per day in the first ten days of April, up 2.88% from late March and up 16.86% from the same period a year ago.

Apr 21, 2021 10:20

Analysis

Daily crude steel output at CISA key mills rose 2.88% in early April

Long steel social inventories in Guangzhou fell 114,700 mt on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 114,700 mt, in the week ended April 7 to 1.91 million mt, showed SMM data. Stocks were 336,100 mt lower than the same period last year.

Apr 7, 2021 17:08

Analysis

Long steel social inventories in Guangzhou fell 114,700 mt on week

Daily crude steel output at CISA key mills dipped 0.04% in mid-December

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.14 million mt per day in the second 10 days of December, down 0.04% from early December and up 13.49% from the same period a year ago.

Dec 28, 2020 10:00

Analysis

Daily crude steel output at CISA key mills dipped 0.04% in mid-December

Long steel social inventories in Guangzhou fell 10.5% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 10.5%, or 111,900 mt, in the week ended December 2 to 956,900 mt, showed SMM data. Stocks were 49.1% higher than the same period last year.

Dec 3, 2020 09:15

Analysis

Long steel social inventories in Guangzhou fell 10.5% on week

Long steel social inventories in Guangzhou fell moderately due to improved demand on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 4.4%, or 54,700 mt, in the week ended November 11 to 1.19 million mt, showed SMM data. Stocks were 93.2% higher than the same period last year.

Nov 11, 2020 14:51

Analysis

Long steel social inventories in Guangzhou fell moderately due to improved demand on week

CISA: Steel products inventories in China accelerated decline in mid-June

Social inventories of five types of steel products in 20 cities in China continued their downward trend in mid-June, at a faster pace, following after a peak level in early March, according to a survey by China Iron and Steel Association (CISA).

Jun 24, 2020 10:56

Analysis

CISA: Steel products inventories in China accelerated decline in mid-June

Long steel social inventories in Guangzhou shrank 6.8% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou posted slower declines this week, decreasing 6.83%, or 120,200 mt, from a week ago to 1.64 million mt as of Wednesday May 20, smaller than a drop of 9.53% in the previous week, showed SMM data.

May 20, 2020 15:39

Analysis

Long steel social inventories in Guangzhou shrank 6.8% on week

China’s cobalt sulphate production rebounded 94% in March

China produced about 3,500 mt in metal content of cobalt sulphate in March, 94% higher on the month, showed SMM data, as cobalt salt producers resumed 70-80% of their capacity last month amid a slowdown in the spread of the coronavirus in China.

Apr 15, 2020 11:40

Analysis

China’s cobalt sulphate production rebounded 94% in March

Scheduled rebar production roughly flat in April as maintenance offsets output increase

Planned output of construction steel rebar across China’s major blast furnace steelmakers in April stood roughly flat from the actual production in March, as the impact of maintenance may offset the increase in output driven by higher profits.

Apr 13, 2020 14:41

Analysis

Scheduled rebar production roughly flat in April as maintenance offsets output increase

Demand further buoys spot rebar prices, trades

Consumers stepped up buying on concerns about lower supplies; sentiment was little affected by construction halt in Zhengzhou

Sep 11, 2019 11:13

SMM Comments

Demand further buoys spot rebar prices, trades

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May output of rebar, wire rods up year on year

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