China: Steel inventory with mills rise by 2% w-o-w

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Steel inventory with Chinese mills rose by 2% w-o-w to 16.25 mnt as on 17 Feb’23 against 15.92 mnt a week ago.
Stocks of HRCs and CRCs fell by 3% and 1% w-o-w to 2.91 mnt and 1.44 mnt respectively. Plates’ stocks declined by 3% w-o-w to 1.38 mnt.
Stocks of rebars and wire rods increased by 5% w-o-w to 8.86 mnt and 1.66 mnt respectively.

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