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Home / Metal News / China steel rebar inventory up 1.7% on week

China steel rebar inventory up 1.7% on week

Jul 8, 2021 17:03

Source:SMM

Inventories of rebar across Chinese steelmakers and social warehouses stood at 11.49 million mt as of July 8, up 1.7% from a week ago. Stocks are up 7.7% from a year earlier.

SHANGHAI, Jul 8 (SMM) — Inventories of rebar across Chinese steelmakers and social warehouses stood at 11.49 million mt as of July 8, up 1.7% from a week ago. Stocks are up 7.7% from a year earlier.

Inventories at Chinese steelmakers fell 104,400 mt on the week and stood at 3.49 million mt. Stocks are down 2.9% from a week ago and up 4.4% from a year earlier.

Inventories at social warehouses rose 291,400 mt on the week and stood at 8 million mt, up 3.8% from a week ago and 9.2% higher from a year ago.

Inventory data

Rebar

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