Group 1: Report's Core View - The supply and demand of rebar have both weakened. The weekly output of rebar decreased slightly, and it is operating weakly at a low level. However, due to good profit per ton of some varieties and the return of production from some varieties, the low - supply pattern is not expected to last. Meanwhile, rebar demand has weakened again, with the weekly apparent demand and daily high - frequency transactions both shrinking, remaining at a low level in recent years. The weak demand in the off - season remains unchanged, continuing to put pressure on steel prices. With the fulfillment of policy expectations and the accumulation of contradictions in the rebar fundamentals under the situation of weak supply and demand, steel prices are under pressure. It is expected that rebar will continue to fluctuate weakly in the short term, and the production situation of steel mills should be monitored [2] Group 2: Summary of Rebar Weekly Data Supply - The weekly output is 211.06 thousand tons, with a week - on - week decrease of 0.90 thousand tons and a month - on - month decrease of 6.78 thousand tons. Compared with the same period, it increased by 13.31 thousand tons. The blast furnace capacity utilization rate is 90.24%, with a week - on - week decrease of 0.57 percentage points and a month - on - month decrease of 0.59 percentage points. Compared with the same period, it increased by 1.37 percentage points [1] Demand - The apparent demand is 203.41 thousand tons, with a week - on - week decrease of 13.17 thousand tons and a month - on - month decrease of 16.50 thousand tons. Compared with the same period, it decreased by 12.21 thousand tons. The weekly average of Steel Union building material transactions is 9.59 thousand tons, with a week - on - week decrease of 1.88 thousand tons and a month - on - month decrease of 0.28 thousand tons. Compared with the same period, it decreased by 1.75 thousand tons [1] Inventory - The total inventory is 546.29 thousand tons, with a week - on - week increase of 7.65 thousand tons and a month - on - month decrease of 2.71 thousand tons. Compared with the same period, it decreased by 196.08 thousand tons. The in - plant inventory is 162.15 thousand tons, with a week - on - week decrease of 3.52 thousand tons and a month - on - month decrease of 23.45 thousand tons. Compared with the same period, it decreased by 29.00 thousand tons. The social inventory is 384.14 thousand tons, with a week - on - week increase of 11.17 thousand tons and a month - on - month increase of 20.74 thousand tons. Compared with the same period, it decreased by 167.08 thousand tons [1]
宝城期货螺纹钢周度数据-20250801
Bao Cheng Qi Huo·2025-08-01 10:17