The average price of rebar decreased by 60 yuan/tonne month-on-month

China Iron and Steel Association

Total production up 13.09%

From October 7 to October 13, the total output of 31 steel mills in 14 provinces of china was 2.1464 million tons, with a daily output of 30.66 million tons, up 248.4 million tons, or 13.09 percent, month-on-month.

Production growth in the key enterprises a total of 19, of which the growth rate of less than 10% there are 10, 10% to 20% of 3, more than 20% of the key enterprises a total of 9, of which the decline of less than 10% there are 5, 10% to 20% have 2, more than 20% have 2.

Social inventory down 10.53%

From October 14 to October 18, the social inventory of rebar was 4.3196 million tons, down 508.4 million tons, or 10.53 percent, month-on-month.

The key monitoring of the 12 cities inventory rise and fall, including Beijing, Xi'an inventory decline is larger, Shijiazhuang inventory increased.

Average price down 1.56%

From October 14 th to October 18, the national average price of rebar was 3,754 yuan/tonne, down 60 yuan/tonne month-on-month, or 1.56%. Key monitoring of the 12 cities price decline and mutual cash, including Changsha, Chengdu, Xi'an and other cities, prices fell more, Tianjin prices increased.

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