钢市周度速-20260108

1. Report's Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - This week, the apparent demand for rebar dropped significantly, production continued to rise slightly, and inventories began to accumulate; the demand for hot-rolled coils declined, production continued to rise slightly, inventories were slowly depleted, but the pressure still needed to be alleviated. Attention should be paid to the marginal changes in off-season demand [1] 3. Summary According to the Directory 3.1 Production - Rebar weekly production was 191.04 tons, a week-on-week increase of 2.82 tons; wire rod production was 66.26 tons; hot-rolled coil production was 305.51 tons, a week-on-week increase of 1.00 tons; medium plate production was 160.29 tons. The total production of the five major varieties was on an upward trend [1] 3.2 Inventory - Rebar factory inventory was 147.93 tons, a week-on-week increase of 8.56 tons; social inventory was 290.18 tons, a week-on-week increase of 7.52 tons; the total of factory and social inventories was 438.11 tons, a week-on-week increase of 16.08 tons. Hot-rolled coil factory inventory was 77.32 tons, a week-on-week decrease of 5.00 tons; social inventory was 291.17 tons, a week-on-week decrease of 2.83 tons; the total of factory and social inventories was 368.13 tons, a week-on-week decrease of 2.43 tons [1] 3.3 Consumption - Rebar weekly consumption (excluding imports and exports) was 174.96 tons, a week-on-week decrease of 25.48 tons. Hot-rolled coil consumption was on a downward trend, with a week-on-week decrease in consumption [1]