Overview of National Construction Material Inventory on February 20

This week's total rebar inventory was 7.93 million mt, up 266,300 mt WoW (+3.47%) and down 33.26% YoY (Lunar calendar). This week's rebar social inventory was 5.52 million mt, up 239,600 mt WoW (+4.54%) and down 33.86% YoY (Lunar calendar). This week's rebar in-plant inventory was 2.41 million mt, up 26,700 mt WoW (+1.12%) and down 31.86% YoY (Lunar calendar). This week's total wire rod inventory was 2.12 million mt, up 120,660 mt WoW (+6.04%) and down 33.75% YoY (Lunar calendar). This week's wire rod social inventory was 996,500 mt, up 52,900 mt WoW (+5.61%) and down 33.58% YoY (Lunar calendar). This week's wire rod in-plant inventory was 1.12 million mt, up 67,600 mt WoW (+6.42%) and down 33.90% YoY (Lunar calendar).