Overview of National Building Materials Inventory on May 22

This week, the total rebar inventory stood at 5.6865 million mt, a decrease of 141,900 mt WoW, down 2.43% WoW, and down 21.16% YoY on the lunar calendar.
This week, the social inventory of rebar was 3.7824 million mt, a decrease of 170,400 mt WoW, down 4.31% WoW, and down 27.11% YoY on the lunar calendar.
This week, the in-plant inventory of rebar was 1.9041 million mt, an increase of 28,500 mt WoW, up 1.52% WoW, and down 5.91% YoY on the lunar calendar.

This week, the total wire rod inventory was 1.1285 million mt, a decrease of 125,000 mt WoW, down 9.97% WoW, and down 31.07% YoY on the lunar calendar.
This week, the social inventory of wire rod was 563,300 mt, a decrease of 85,700 mt WoW, down 13.20% WoW, and down 33.35% YoY on the lunar calendar.
This week, the in-plant inventory of wire rod was 565,200 mt, a decrease of 39,400 mt WoW, down 6.51% WoW, and down 28.64% YoY on the lunar calendar.