Overview of National Building Materials Inventory on May 8

This week, the total rebar inventory was 6.1434 million mt, up 99,600 mt WoW, with a WoW increase of 1.65% and a YoY decrease of 20.38% on the lunar calendar basis;

This week, the social inventory of rebar was 4.2361 million mt, down 51,500 mt WoW, with a WoW decrease of 1.20% and a YoY decrease of 24.09% on the lunar calendar basis;

This week, the in-plant inventory of rebar was 1.9073 million mt, up 151,000 mt WoW, with a WoW increase of 8.60% and a YoY decrease of 10.68% on the lunar calendar basis.

This week, the total wire rod inventory was 1.2248 million mt, up 44,000 mt WoW, with a WoW increase of 3.73% and a YoY decrease of 26.58% on the lunar calendar basis;

This week, the social inventory of wire rod was 637,600 mt, down 3,500 mt WoW, with a WoW decrease of 0.55% and a YoY decrease of 27.95% on the lunar calendar basis;

This week, the in-plant inventory of wire rod was 587,200 mt, up 47,500 mt WoW, with a WoW increase of 8.81% and a YoY decrease of 25.04% on the lunar calendar basis.