Overview of National Construction Material Inventory on February 27

This week's total rebar inventory was 8.07 million mt, up 139,800 mt WoW (+1.76% WoW), and down 34.42% YoY based on the lunar calendar. This week's rebar social inventory was 5.71 million mt, up 193,700 mt WoW (+3.51% WoW), and down 33.3% YoY based on the lunar calendar. This week's rebar in-plant inventory was 2.36 million mt, down 53,800 mt WoW (-2.23% WoW), and down 36.99% YoY based on the lunar calendar. This week's total wire rod inventory was 2.13 million mt, up 9,800 mt WoW (+0.46% WoW), and down 35.98% YoY based on the lunar calendar. This week's wire rod social inventory was 1.05 million mt, up 50,800 mt WoW (+5.1% WoW), and down 32.7% YoY based on the lunar calendar. This week's wire rod in-plant inventory was 1.08 million mt, down 41,000 mt WoW (-3.66% WoW), and down 38.88% YoY based on the lunar calendar.