Relevant Information on Domestic Building Material Steel Market

  My Iron and Steel News: After the National Day holiday in 2019, the relevant information of the domestic building materials and steel market is as follows:

  Spot market situation: During the holidays of 2019, traders shut down, while downstream consumption in some areas was also affected by the shutdown. Market turnover was relatively light, spot inventory rose, spot market prices rose more or less, and overall fluctuations were not obvious.

  Production situation of steel mills: On October 7, 2019, it is estimated that the productivity utilization ratio of threaded steel and wire rod will decrease in the last survey cycle (September 26-October 2) of 139 samples in China. Among them, the weekly output of threaded steel is 301.49 million tons, which is 51.98 million tons lower than before the festival (September 25, the same below), the weekly productivity utilization rate is 66.09%, and the annual production rate is 11.39% lower than before the festival; the weekly output of wire rod is 147.56 million tons, which is 23.2 million tons lower than before the festival, the weekly productivity utilization rate is 66.03%, and the annular productivity utilization rate is 1.04% lower than before the festival.

  Inventory situation of steel mills: On October 7, 2019, it is estimated that the inventory of 139 threaded steel and wire rod steel mills in China will increase significantly. Among them, the inventory of threaded steel plant was 2.722 million tons, an increase of 475.3 million tons, an increase of 21.15%; the inventory of wire rod plant was 76.42 million tons, an increase of 187.1 million tons, an increase of 32.42%.

  Social Inventory Situation: On October 7, 2019, it is estimated that the inventory of 35 major cities in China has increased significantly annually, including 5.036 million tons of threaded stock, an increase of 238 million tons (4.9%) and 1.613 million tons of wire stock, an increase of 90.5 million tons (5.9%) compared with that before September 26.