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Slower operation at construction sites grows rebar stocks 
Dec 28,2018 11:31CST
data analysisindustry news
Source:SMM
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

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