Construction steel inventory hike accelerated amid traditional lull season

Dec 25, 2023, at 11:00 am
SMM

Construction steel stocks kept piling up last week, with rebar and wire rod stocks increasing by 4.56% WoW and 9.36% WoW respectively.

Construction steel stocks kept piling up last week, with rebar and wire rod stocks increasing by 4.56% WoW and 9.36% WoW respectively. Overall, in-plant and social stocks will keep piling up in a slack season.

Industry
Steel

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SMM • 2 years ago
Many places in north China were affected by snow and cold wave weather last week, resulting in poor steel demand

Construction steel inventory hike accelerated amid traditional lull season

With positive macro expectations against regulatory risks, iron ore prices are expected to be volatile this week

Many places in north China were affected by snow and cold wave weather last week, resulting in poor steel demand