May output of rebar, wire rods up year on year_SMM

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Home / Metal News / Steel & Iron Ore / 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

CST

data analysis

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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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 timezone

CST

data analysis

Long steel social inventories in Guangzhou shrank 6.8% on week

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May 12, 2020 16:26 timezone

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Scheduled rebar production up 15% in May, but strong demand will support spot prices

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May 9, 2020 13:29 timezone

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Apr 17, 2020 11:26 timezone

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China steel rebar inventories slowed YoY increase for first time since CNY holiday

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Apr 14, 2020 14:53 timezone

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price review & forecast

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Apr 10, 2020 11:08 timezone

CST

data analysis

China steel rebar inventories fell at faster pace on week

Long steel social inventories in Guangzhou fell 2.1% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou continued to trend lower in the week ended April 1, falling 2.1% to 2.25 million mt, 26.01% higher than the same period after the Lunar New Year holiday last year.

Apr 1, 2020 13:43 timezone

CST

data analysis

Long steel social inventories in Guangzhou fell 2.1% on week

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China’s crude steel production increased 5% year on year to 74.8 million mt in February, according to calculations by the World Steel Association (Worldsteel) based on a China Iron and Steel Association (CISA) production estimate.

Mar 24, 2020 11:43 timezone

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Mar 17, 2020 10:08 timezone

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NBS: China primary aluminium output increased 2.4% YoY in January-February

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SMM data showed that China produced 683,100 mt of copper cathode last month, down 5.9% from January and 5.07% from February 2019.

Mar 6, 2020 16:16 timezone

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