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China Rebar Stocks Down 1.4% on Week

iconMay 19, 2022 15:10
Source:SMM
The total inventory of rebar across social warehouses and steel makers in China stood at 11.54 million mt as of Thursday May 19, down 163,300 mt or 1.4% on the week, and up 8.8% from the same period last year.

SHANGHAI, May 19 (SMM) – The total inventory of rebar across social warehouses and steel makers in China stood at 11.54 million mt as of Thursday May 19, down 163,300 mt or 1.4% on the week, and up 8.8% from the same period last year.

The inventory across social warehouses was 7.74 million mt, a decrease of 227,800 mt or 2.86% on the week, and an increase of 2.2% on the year.

The in-plant inventory stood at 3.80 million mt, up 64,600 mt or 1.7% on the week, and up 25.3% on the year.

Inventory

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