Average price of rebar increased by 43 yuan/tonne month-on-month
China Iron and Steel Association
Production up 10.24 million tonnes month-on-month From June 24 to June 30, 31 steel mills in 14 provinces of the country were monitored, with a total output of 2.2518 million tons and a daily output of 321.7 million tons, with total output up 102.4 million tons, or 4.76 percent, month-on-month.
Production growth in the key enterprises a total of 19, of which the growth rate of less than 10% of 12, 10% to 20% of the 4, more than 20% of the key enterprises, a total of 12, of which the decline of less than 10% there are 10, 10% to 20% of 2, more than 20% have 0.
Social inventories up 841,000 tonnes month-on-month From July 1 st. To July 5, the social inventory of rebar was 5.7472 million tons, up 841,000 tons, or 1.46 percent, month-on-month.
The 12 cities monitored by the focus of inventory rise and fall is different, of which Guangzhou, Tianjin fell larger, Chengdu, Xi'an rose larger.
Price up 43 yuan/tonne month-on-month From July 1st to July 5th, the national average price of rebar was 4045 yuan/tonne, up 43 yuan/tonne month-on-month, up 1.07%. The 12 cities monitored increased in addition to Jinan and Changsha, with beijing, Tangshan and Shenyang all rising.
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