螺纹钢周度数据-20251010

Report Summary 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Core View of the Report - During the holiday, both supply and demand of rebar weakened. Supply contracted with a weekly output decrease of 36200 tons, but the reduction space during the peak season is doubtful and inventory is high, so the positive effect is limited. Demand was weak with a decline in weekly apparent demand and high - frequency indicators at low levels in recent years. Weak demand will continue to suppress steel prices. The industry contradiction has been accumulating under the situation of weak supply and demand, inventory increased significantly during the holiday, and steel prices are under pressure. The cost support is relatively positive, and the subsequent trend is expected to continue to fluctuate at a low level. Attention should be paid to the post - holiday demand performance [3]. 3. Summary According to Related Catalogs Supply - The weekly output of rebar was 2.034 million tons, a decrease of 36200 tons compared with the previous week and 328600 tons compared with the same period. The blast furnace capacity utilization rate was 90.55%, a decrease of 0.10 percentage points compared with the previous week and an increase of 3.04 percentage points compared with the same period [1]. Demand - The weekly apparent demand for rebar was 146000 tons, a decrease of 95070 tons compared with the previous week and 102500 tons compared with the same period. The weekly average of steel union building materials transactions was 11990 tons, an increase of 1880 tons compared with the previous week and a decrease of 1240 tons compared with the same period [1]. Inventory - The total inventory of rebar was 659650 tons, an increase of 57400 tons compared with the previous week and 218800 tons compared with the same period. The in - plant inventory was 192340 tons, an increase of 33430 tons compared with the previous week and 53870 tons compared with the same period. The social inventory was 467310 tons, an increase of 23970 tons compared with the previous week and 164930 tons compared with the same period [1].