SMM weekly statistics on steel inventories by product type

This week, the total rebar inventory was 4.1197 million mt, down 48,300 mt WoW, a decrease of 1.16% MoM, and a YoY decline of 17.63%.
This week, the social rebar inventory was 2.7157 million mt, down 7,900 mt WoW, a decrease of 0.29% MoM, and a YoY decline of 14.87%.
This week, the in-plant rebar inventory was 1.4039 million mt, down 40,400 mt WoW, a decrease of 2.80% MoM, and a YoY decline of 22.48%.

This week, the total wire rod inventory was 1.024 million mt, down 70,300 mt WoW, a decrease of 6.43% MoM, and a YoY decline of 18.81%.
This week, the social wire rod inventory was 404,900 mt, down 12,000 mt WoW, a decrease of 2.88% MoM, and a YoY decline of 18.74%.
This week, the in-plant wire rod inventory was 619,200 mt, down 58,300 mt WoW, a decrease of 8.61% MoM, and a YoY decline of 18.86%.

This week, the social HRC inventory was 1.9497 million mt, down 63,200 mt WoW, a decrease of 3.14% MoM, and a YoY decline of 15.45%.
This week, the in-plant HRC inventory was 1.1346 million mt, up 2,600 mt WoW, an increase of 0.23% MoM, and a YoY increase of 7.17%.
This week, the total HRC inventory was 3.0844 million mt, down 60,600 mt WoW, a decrease of 1.93% MoM, and a YoY decline of 8.34%.