SHANGHAI, Oct 27 (SMM) –
The total inventory of rebar across social warehouses and steel makers in China
stood at 5.88 million mt as of Thursday October 27, down 196,800 mt or 3.2%
from a week ago, and down 27.2% from the same period last year.
The inventory across
social warehouses was 3.79 million mt, down 140,600 mt or 3.58% on the week,
and a drop of 32.7% on the year.
The in-plant inventory
stood at 2.10 million mt, down 56,200 mt or 2.6% on the week, and down 14.6% on
the year.