Tag: China retail steel
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China’s retail steel stocks dip for 2nd week
The stocks of finished steel products among traders’ warehouses in the 132 Chinese cities Mysteel canvasses decreased for the second week over March 11-17, falling by another 1.5% on week, Mysteel’s latest stocks survey showed. Total inventories of the five major finished steel products comprising rebar, wire rod, hot-rolled coil, cold-rolled coil (CRC) and medium…