July 20: Hangzhou rebar inventory was 121.0 million tons; deliveries were 4.3 million tons yesterday.

Zhongtian rebar price is 3,140 yuan/ton. According to market statistics by the stated standard, yesterday’s outbound shipments were 430,000 tons, which was 220,000 tons higher than the same period last week. Hangzhou rebar inventory was 1.21 million tons, which was 30,000 tons lower than the same period last week.
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