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China steel rebar inventories declined on week for the first time post-holiday
Mar 20,2020 10:45CST
data analysis
Source:SMM
However, the turning point in the trend of overall rebar inventories will unlikely point to reduced supply pressure or a rally in spot rebar prices in the near term, as the stocks remain considerably higher on the year and optimistic outlook for infrastructure construction has seen some demand frontloading. 
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Inventory data
Rebar

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