Report Industry Investment Rating - Not provided Core View of the Report - The supply and demand of rebar remain weak, with supply contraction leading to inventory reduction, but demand is also weak, and the fundamentals have not improved. Steel prices continue to face pressure, and it is expected that rebar will continue to fluctuate at a low level during the off - season. Pay attention to the production changes of construction steel mills [2] Summary by Related Catalogs Supply - The weekly output of rebar decreased by 108,900 tons compared with the previous week, and the supply continued to contract and reached the lowest level of the year. However, due to the good profit per ton of the variety, the sustainability of production reduction is questionable [1][2] Demand - The weekly apparent demand of rebar decreased by 124,000 tons compared with the previous week, and the high - frequency daily transactions were lower than the normal level. Both were at the lowest level in recent years. The weak demand pattern remained unchanged, which was likely to suppress steel prices [2] Inventory - Supply contraction led to inventory reduction. The total inventory decreased by 124,000 tons compared with the previous week, the in - plant inventory decreased by 19,700 tons, and the social inventory decreased by 104,300 tons. The relatively positive factor was the low inventory level, and the real - end contradiction was not significant [1][2]
宝城期货螺纹钢周度数据-20250613
Bao Cheng Qi Huo·2025-06-13 05:50