INDUSTRY NEWS

Average price of rebar increased by 3 yuan/tonne month-on-month

2019-09-25

Average price of rebar increased by 3 yuan/tonne month-on-month

  China Iron and Steel Association

  Total output up 77,000 tonnes month-on-month From September 9th to September 15th, the total output of 31 steel mills in 14 provinces of the country was 2.0243 million tons, with a daily output of 289.2 million tons, up 77,000 tons, or 3.96 percent, month-on-month. A total of 20 key enterprises increased month-on-month, of which 10 increases below 10%, the growth rate of 10% to 20% of the 3, the increase of more than 20% of the 7;

  there are 3.

  Social inventories down 2041,000 tonnes month-on-month From September 16 to September 20, the social inventory of rebar was 5.2764 million tons, down 204.1 million tons, or 3.72 percent, month-on-month.

  The 12 cities monitored by the focus of inventory rise and fall is different, of which Guangzhou, Shanghai, a larger decline, Beijing increased significantly.

  Average price of rebar increased by 3 yuan/tonne month-on-month From September 16th to September 20th, the national average price of rebar was 3,793 yuan/tonne, up 3 yuan/tonne month-on-month, an increase of 0.07%. The 12 cities that are mainly monitored saw declines and mutual gains, with Jinan, Tianjin and other cities falling more, xi'an and other cities rose more.


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