Tag: China: Retail steel stocks fall to 9.5-month low

Over November 12-18, total stocks of the five major finished-steel products at the commercial warehouses of China’s 132 cities under Mysteel tracking fell to a 9.5-month low of 16.5 million tonnes, or down for the sixth straight week by another 4.8% or 836,000 tonnes, and among the five including rebar, wire rod, hot-rolled coil (HRC),…