Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Core View of the Report - The supply - demand pattern of rebar has weakened, with a significant increase in inventory. The weekly output of rebar increased by 2820 tons week - on - week, and the supply continued to rise with room for further growth. The demand continued to weaken seasonally, with the weekly apparent demand decreasing by 25480 tons week - on - week. Although high - frequency transactions rebounded due to holiday factors, both remained at low levels in recent years. The downstream industry was weak, and the weak demand pattern remained unchanged, continuing to put pressure on steel prices. The rebar price rebounded from a low level due to the warm sentiment in commodities, but with increasing supply and weak demand, fundamental contradictions began to accumulate. The steel price in the off - season continued to be under pressure, and the cost support was a relative positive factor. It is expected that the subsequent trend will continue to fluctuate at a low level, and the production situation of steel mills should be monitored [12]. 3) Summary by Related Catalogs Supply - The weekly output of rebar was 191040 tons, a week - on - week increase of 2820 tons, and an increase of 2820 tons compared to the end of last month. The blast furnace capacity utilization rate was 86.04%, a week - on - week increase of 0.78 percentage points, and an increase of 0.78 percentage points compared to the end of last month. Compared with the same period (lunar calendar), the output decreased by 27690 tons, and the blast furnace capacity utilization rate decreased by 0.09 percentage points [3]. Demand - The weekly apparent demand for rebar was 174960 tons, a week - on - week decrease of 25480 tons, and a decrease of 25480 tons compared to the end of last month. The weekly average value of Steel Union building material transactions was 9810 tons, a week - on - week increase of 190 tons, and an increase of 190 tons compared to the end of last month. Compared with the same period (lunar calendar), the apparent demand decreased by 63720 tons, and the weekly average value of transactions decreased by 1040 tons [3]. Inventory - The total inventory of rebar was 438110 tons, a week - on - week increase of 16080 tons, and an increase of 16080 tons compared to the end of last month. The in - plant inventory was 147930 tons, a week - on - week increase of 8560 tons, and an increase of 8560 tons compared to the end of last month. The social inventory was 290180 tons, a week - on - week increase of 7520 tons, and an increase of 7520 tons compared to the end of last month. Compared with the same period (lunar calendar), the total inventory increased by 35090 tons, the in - plant inventory increased by 27650 tons, and the social inventory increased by 7440 tons [3]
螺纹钢周度数据（20260109）-20260109
Bao Cheng Qi Huo·2026-01-09 11:15