Tag: China: Retail steel stocks fall to 10.5-month low

Over December 3-9, total stocks of the five major finished steel products at commercial warehouses in the 132 Chinese cities Mysteel tracks declined for the ninth straight week and hit a 10.5-month low of 14.7 million tonnes, the regular stocks survey found. This was also down 2.8% or 424,300 tonnes on week. During the week,…