Category: Wire Rod
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China mills’ steel stocks fall further on increased consumption
Stocks of the five major finished steel products held by the 184 Chinese steel mills under Mysteel’s regular survey continued to thin over February 25-March 3, thanks to the further recovery in demand from end-users, though the on-week fall slowed to 0.7% against the prior week’s 1.1%. Total stocks of the five products comprising rebar,…