Overview of National Construction Material Inventory on February 6

Published: Feb 6, 2025 15:21

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On February 6, the total rebar inventory this week was 6.6117 million mt, up 2.1327 million mt from pre-holiday levels, up 47.62% WoW, and down 32.64% YoY based on the lunar calendar. The total wire rod inventory this week was 1.7673 million mt, up 651,600 mt from pre-holiday levels, up 58.4% WoW, and down 37.71% YoY based on the lunar calendar.

This week, total rebar inventory was 6.6117 million mt (up 2.1327 million mt from pre-holiday levels, up 47.62% WoW, down 32.64% YoY based on the lunar calendar);

social rebar inventory was 4.3992 million mt (up 1.2834 million mt from pre-holiday levels, up 41.19% WoW, down 34.61% YoY based on the lunar calendar);

in-plant rebar inventory was 2.2125 million mt (up 849,300 mt from pre-holiday levels, up 62.3% WoW, down 28.36% YoY based on the lunar calendar).

This week, total wire rod inventory was 1.7673 million mt (up 651,600 mt from pre-holiday levels, up 58.4% WoW, down 37.71% YoY based on the lunar calendar);

social wire rod inventory was 827,400 mt (up 342,400 mt from pre-holiday levels, up 70.59% WoW, down 33.34% YoY based on the lunar calendar);

in-plant wire rod inventory was 939,900 mt (up 309,200 mt from pre-holiday levels, up 49.03% WoW, down 41.11% YoY based on the lunar calendar).

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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