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SMM weekly updates on China steel inventory breakdown

iconOct 31, 2024 16:39
Source:SMM
The followings are steel inventories in China by product type:

The followings are steel inventories in China by product type:

Rebar

This week's total rebar inventory was 4.081 million mt, up 22,900 mt WoW, up 0.56% MoM, and down 20.65% YoY.
This week's rebar social inventory was 2.542 million mt, up 35,600 mt WoW, up 1.42% MoM, and down 25.48% YoY.
This week's rebar in-plant inventory was 1.539 million mt, down 12,700 mt WoW, down 0.82% MoM, and down 11.12% YoY.

Wire rod

This week's total wire rod inventory was 1.2195 million mt, down 29,900 mt WoW, down 2.39% MoM, and down 8.59% YoY.
This week's wire rod social inventory was 462,500 mt, down 37,800 mt WoW, down 7.55% MoM, and down 20.47% YoY.
This week's wire rod in-plant inventory was 757,000 mt, up 7,900 mt WoW, up 1.05% MoM, and up 0.6% YoY.

HRC

This week's HRC social inventory was 2.3565 million mt, down 105,900 mt WoW, down 4.3% MoM, and down 7.19% YoY.
This week's HRC in-plant inventory was 1.1395 million mt, down 5,700 mt WoW, down 0.5% MoM, and up 7.07% YoY.
This week's total HRC inventory was 3.4961 million mt, down 111,600 mt WoW, down 3.09% MoM, and down 2.98% YoY.

Inventory

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