钢市周周巡

Group 1: Report Industry Investment Rating - No information provided Group 2: Core View of the Report - This week, the apparent demand for rebar declined, production continued to rise slightly, and inventory continued to decline. The demand for hot-rolled coils recovered, production increased slightly, and inventory reduction accelerated, but the pressure still needs to be alleviated. Attention should be paid to the marginal changes in demand during the off-season [1] Group 3: Summary by Relevant Catalogs Steel Market Weekly Data - Rebar: Weekly production was 39.184 million tons, a week-on-week increase of 2.71%; factory inventory was 14.006 million tons, a week-on-week increase of 0.52%; social inventory was 29.419 million tons, a week-on-week decrease of 18.81%; total inventory (factory + social) was 43.425 million tons, a week-on-week decrease of 18.29%; weekly consumption (excluding imports and exports) was 20.268 million tons, a week-on-week decrease of 5.96% [1] - Wire Rod: Weekly production was 774,400 tons, a week-on-week increase of 43.32%; factory inventory was 805,200 tons, a week-on-week increase of 72.33%; social inventory was 2.967 million tons, a week-on-week decrease of 10.60%; total inventory was 3.7722 million tons, a week-on-week decrease of 13.50% [1] - Hot-Rolled Coil: Weekly production was 1.63 million tons, a week-on-week decrease of 2.90%; factory inventory was 3.0704 million tons, a week-on-week increase of 8.76% [1] - Cold-Rolled Coil: Weekly production was 864,800 tons, a week-on-week increase of 0.39%; factory inventory was 392,300 tons, a week-on-week increase of 1.69%; social inventory was 1.2425 million tons, a week-on-week decrease of 1.88%; total inventory was 1.6348 million tons, a week-on-week decrease of 0.19% [1] - Medium Plate: Weekly production was 823,000 tons, a week-on-week decrease of 0.50%; factory inventory was 1.1372 million tons, a week-on-week increase of 0.30%; social inventory was 1.5978 million tons, a week-on-week decrease of 1.02% [1] - Total of Five Varieties: Weekly production was 8.7256 million tons, a week-on-week decrease of 1.15%; total inventory was 12.5799 million tons, a week-on-week decrease of 1.67% [1]