SMM weekly statistics on China rebar, wire rod and HRC inventories

This week, the total rebar inventory was 7.3377 million mt, up 13,400 mt from a week ago, up 0.18% WoW, and up 2.76% YoY.

This week, the social rebar inventory was 5.3263 million mt, up 69,400 mt from a week ago, up 1.32% WoW, and up 5.5% YoY.

This week, the in-factory rebar inventory was 2.0114 million mt, down 56,000 mt from a week ago, down 2.71% WoW, and down 3.87% YoY.

This week, the total wire rod inventory was 1.8375 million mt, down 45,000 mt from a week ago, down 2.39% WoW, and up 14.12% YoY.

This week, the social wire rod inventory was 845,700 mt, down 1,200 mt from a week ago, down 0.14% WoW, and down 7.84% YoY.

This week, the in-factory wire rod inventory was 991,800 mt, down 43,800 mt from a week ago, down 4.23% WoW, and up 43.21% YoY.

This week, the social HRC inventory was 2.5544 million mt, up 55,000 mt from a week ago, up 2.2% WoW, and up 9.1% YoY.

This week, the in-factory HRC inventory was 1.11 million mt, up 11,000 mt from a week ago, up 1% WoW, and up 3.39% YoY.

This week, the total HRC inventory was 3.6644 million mt, up 66,000 mt from a week ago, up 1.83% WoW, and up 7.31% YoY.