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Home / Metal News / Rebar output declines 3% in Nov: NBS

Rebar output declines 3% in Nov: NBS

Dec 18, 2018 15:14

Source:SMM

China produced 18.57 million mt of rebar in Nov, down 2.9% from Oct but up 10.14% from Nov 2017

SHANGHAI, Dec 18 (SMM) – Chinese steel mills churned out 18.57 million mt of rebar in November, down 2.9% from October but up 10.14% from November 2017, showed data from the National Bureau of Statistics (NBS) on Monday December 18.

This grew rebar output in January-November to 190.87 million mt, some 2.62% higher than the same period last year.

Output of wire rods came in at 13.16 million mt last month, down 1.18% month on month but up 24.39% year on year. In January-November, this output amounted to 132.72 million mt, up 9.04% compared to a year earlier.

Production data

Steel

Rebar

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Inventories of rebar across Chinese steelmakers and social warehouses stood at 8.35 million mt as of January 28, up 15.7% from a week ago. From the time dimension of the lunar calendar, stocks are up 33.9% from a year earlier.

Jan 29, 2021 10:00

Analysis

China steel rebar inventory continued to post faster increase on week

China steel rebar inventories continued to accelerate increases this week.

Jan 22, 2021 11:00

Analysis

China steel rebar inventory continued to post faster increase on week

Long steel social inventories in Guangzhou fell 2.15% on week

Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 2.15%, or 28,900 mt, in the week ended October 28 to 1.32 million mt, showed SMM data. Stocks were 90.6% higher than the same period last year.

Oct 29, 2020 08:49

Analysis

Long steel social inventories in Guangzhou fell 2.15% on week

China HRC inventories extended increased by 1.3% on week

Inventories of hot-rolled coils of steel sheets which are used to produce home appliances and cars in China continued to trend higher this week.

Aug 7, 2020 11:15

Analysis

China HRC inventories extended increased by 1.3% on week

Blast furnace operating rates in China dipped for four straight weeks

Operating rates of blast furnaces at Chinese steelmakers continued to decline over the second week of July, falling 0.06 percentage point from a week ago to an average 90.1% as of July 8, showed an SMM survey. That marked the fourth consecutive week of decline.

Jul 9, 2020 11:52

Analysis

Blast furnace operating rates in China dipped for four straight weeks

CISA: Steel products inventories in China shrank 3% in early-June

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

Jun 15, 2020 12:06

Analysis

CISA: Steel products inventories in China shrank 3% in early-June

Hot-rolled coil, plate output to decline 8.1% in March

An SMM survey showed that Chinese steelmakers plan to produce 8.94 million mt of hot-rolled coils and plates in March, down 8.1% from the realised output of 9.72 million mt in February.

Mar 10, 2020 13:34

Analysis

Hot-rolled coil, plate output to decline 8.1% in March

EAF steel mills operating rates higher than February

Operating rates across electrical arc furnace (EAF) steelmakers in China remained capped by substantial losses as of March 3, but the rates were slightly higher than February when nearly all EAF...

Mar 4, 2020 10:52

Analysis

EAF steel mills operating rates higher than February

Weaker demand in north China grew rebar inventories at steel mills

But overall stocks across steel mills and social warehouses extended decline

Oct 25, 2019 16:21

Analysis

Weaker demand in north China grew rebar inventories at steel mills

Long steel social inventories in Guangzhou rise after 6-week decline

Stocks increased 4.1% week on week as of Sep 4, compared to a drop of 1.3% in the week to Aug 28

Sep 4, 2019 12:05

Analysis

Long steel social inventories in Guangzhou rise after 6-week decline

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Rebar output declines 3% in Nov: NBS

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