Tag: China retail steel stocks
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China: Retail steel stocks mount fast on winter stocking
Over January 7-13, total stocks of the five major finished steel products at commercial warehouses in the 132 Chinese cities Mysteel tracks grew for the second week and at a faster pace, rising by 2.9% or 404,100 tonnes on week to reach 14.1 million tonnes, the regular stocks survey found. This was mainly due to…