Slower operation at construction sites grows rebar stocks

Published: Dec 28, 2018 11:31

Save

Overall inventories gained 3.8% on the week, at 5.05 million mt as of Thursday Dec 27

SHANGHAI, Dec 28 (SMM) – China's rebar inventories accumulated as construction sites slowed operation, for the week ended Thursday December 27. On a yearly basis, rebar stocks stood lower as downstream demand in the fourth quarter capped inventory growth.

Overall inventories, including social and in-plant stocks, rose to 5.05 million mt as of Thursday December 27, up 3.8% on the week but down 8.1% on the year, showed SMM data.

Both in-plant stocks and social inventories grew on a weekly basis.

Inventories across steel mills stood at 1.91 million mt as of December 27, up 3% from a week ago but down 13.1% from a year ago. Social stocks rose 4.4% on the week but dipped 4.7% on the year to stand at 3.14 million mt as of Thursday December 27.

Inventory data Rebar

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Jun 30, 2026 14:20

Hunan Launches Second Round of Environmental Inspections, Affecting Lead-Zinc Mines

Hunan Province has launched the second round of its provincial ecological and environmental protection inspection "look-back" campaign. The first batch of seven inspection teams has been fully deployed since June 13, 2026, covering the cities of Changsha, Zhuzhou, Yueyang, Shaoyang, Hengyang, Huaihua, and Zhangjiajie. According to market sources, some lead-zinc mines have suspended production as a result of the inspections. SMM will continue to monitor and assess the potential impact on zinc concentrate supply.

Jun 30, 2026 14:20

Jun 23, 2026 16:31

Australia Terminates Anti-Dumping Probe on South Korean, Vietnamese Galvanised Steel Sheets

On June 19, 2026, the Australian Anti-Dumping Commission issued Notice No. 2026/088, terminating the anti-dumping investigation on galvanised sheet [Zinc Coated (Galvanised) Steel] imported from South Korea and Vietnam, following the withdrawal application submitted by the applicant BlueScope Steel Limited. Previously, on May 22, 2026, the Commission issued Notice No. 2026/071, initiating an anti-dumping investigation on galvanised sheet imported from South Korea and Vietnam, in response to an application filed by Australian domestic enterprise BlueScope Steel Limited.

Jun 23, 2026 16:31

Jun 5, 2026 11:08

Supply Gap Persists in Vietnamese Market, Spot Lead Traded at High Premiums

[Ex-China Lead Market Dynamics] It was learned that the recent environmental protection inspections on secondary lead in the Vietnamese market had temporarily come to an end, and some lead smelters had gradually resumed production. However, in the face of the current primary lead supply gap, spot lead in the local market continued to maintain high premiums. According to the latest information, the CIF premium for Vietnamese lead ingots with Pb≥99.99% in June had reached $180/mt as a common transaction price, compared to around $165/mt in May.

Jun 5, 2026 11:08