Author: Lalita
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China’s retail steel stocks up further by 1.7% w-o-w
The stocks of finished steel products held by trading houses across China grew for the second week over June 18-24, rising by 1.7% on week, according to Mysteel’s latest stocks survey, suggesting that steel demand from end-users is easing during the rainy season and hot summer weather. Total inventories of the five major products comprising…